$1,965,000 USD
858-373-3184
12250 S Gessner Dr
Houston, TX 77071
Greater Fondren Southwest
HIGHLIGHTS
- 15 Year Corporate Absolute Net Lease (Zero Landlord Responsibilities) featuring 10% Rental Increases Every 5 Years throughout the Initial Term.
- Heavy Traffic at a Signalized Gessner Corner - This Well-Traveled North-South Arterial Carries Heavy Daytime Traffic through Southwest Houston.
- Backed By a Publicly Traded Industry Leader - Valvoline Instant Oil Change Operates Under Valvoline Inc. (NYSE: VVV), Reporting Approximately $1.86B.
- Surrounded By Dense Apartment and Residential Communities - the Property is Ringed Along West Airport Boulevard By Established Apartment Complexes.
- Direct Access to Beltway 8/Sam Houston Tollway - West Airport Boulevard and Gessner Road Serve as Sequential Exits Along Beltway 8-South.
FOR SALE DETAILS
PRICE
$1,965,000 USD
PRICE/SF
$447 USD /SF
CAP RATE
5.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
VALVOLINE INSTANT OIL CHANGE | 15 YR ABS. NET
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
7
LAND DETAILS
LAND ACRES
0.76 AC
LAND SF
33,106 SF
ZONING
-
APN/PARCEL ID
123-365-001-0001
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858-373-3184
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858-373-3184
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