$3,642,857 USD
888-993-5344
3207 Greenhouse Rd
Katy, TX 77449
Bear Creek/Copperfield
HIGHLIGHTS
- New 20 Year Absolute NNN Lease; 40 Years of Potential Remaining Lease Term; 2% Annual Rent Increases; Strong Lease Guaranty; Contact broker for detail
- Fee Simple; Land and Building Ownership; Qualifies for Bonus Depreciation (Consult with Your Tax Professional)
- Signalized Hard Corner Intersection; 23,800 Cars Per Day at the Intersection of Morton Road and Greenhouse Road
- Excellent Demographics with Population of 230,756 and $113,824 Average Household Income within a 5-Mile Radius
- Katy Is Part of the Houston MSA, One of the Fastest-Growing Large Metros in the U.S. and a Major Hub for Energy, Petrochemical, and Port-Related Jobs
- Katy is in the High-Growth Katy/West Houston Submarket within the Income Tax Free state of Texas
FOR SALE DETAILS
PRICE
$3,642,857 USD
PRICE/SF
$859 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Abs. NNN Shell | Houston MSA, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.48 AC
LAND SF
20,876 SF
ZONING
NA HOUSTON
APN/PARCEL ID
1146680030076
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888-993-5344
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888-993-5344
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