12311 Bammel North Houston Rd - Freestanding FOR SALE
Houston, TX 77066 |
$10,393,500 USD
888-993-5344
12311 Bammel North Houston Rd
Houston, TX 77066
HIGHLIGHTS
- 19.5 Years Remaining on Absolute NNN Lease; 4; 5 Year Option Periods; Annual 2.00% Escalations in Primary Term and Option Periods
- Strong Lease Guaranty; Contact broker for details
- Substantial Rental Income from subtenants; lowering Master Lessee’s Operating Costs; Large 11,485 Sqft Shopping Center | Oversized 1.67 Acre Lot
- 16 Fuel Pumps with Large Convenience Store; High-Capacity Retail Infrastructure; Proven Long-Term Operational Success; Consistent Performance History
- Dense Infill Houston, TX Location; Over 307,000 Residents within 5 Miles; High Traffic Corridor; 28,000+ Cars per Day at the Intersection of Bammel N.
- 20 Miles to Downtown Houston; Strategic Urban Access
FOR SALE DETAILS
PRICE
$10,393,500 USD
PRICE/SF
$904 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STNL Valero Gas Station | Houston MSA, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.67 AC
LAND SF
72,745 SF
ZONING
None
APN/PARCEL ID
0471910000047
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888-993-5344
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