13311 Westheimer Rd - Bank FOR SALE
Houston, TX 77077 |
13311 Westheimer Rd
Houston, TX 77077
HIGHLIGHTS
- Approximately Eight Years Remaining on an Absolute Net Lease with a Corporate Guarantee from JPMorgan Chase
- Tremendous Branch Deposit levels – Almost $250 Million in Consumer Deposits as of June 1, 2020.
- High Trafficked Hard Corner Location on Westheimer Road and Eldridge Parkway, Where Traffic Counts Exceed 74,717 VPD
- Rental Escalation Scheduled to Occur in 2023 Rases the Cap Rate to 5.94%
- This Branch is Open and Operating Through the Pandemic
- More Than 384,899 Residents Within a Five-Mile Radius
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Chase Bank (Ground Lease)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
4237
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
44
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
1304690010005
