$5,851,852 USD
888-993-5344
3510 Burke Rd
Pasadena, TX 77504
Southeast Houston
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)
- 26,900 Cars Per Day at the Signalized Hard Corner Intersection Location of Burke Road and Vista Road
- Over 311,000 People and $81,371 Average Household Income within a 5-Mile Radius
- Convenient Neighborhood Location Along Burke Road Near Daily-Needs Retail and Services Including; 24-Hour Walgreens, Kroger’s, Bealls, Petco, More
- Located Within the Houston MSA and the Southeast Industrial / Petrochemical Corridor, Benefiting from Daily Traffic Generated by Refinery & Port
FOR SALE DETAILS
PRICE
$5,851,852 USD
PRICE/SF
$2,251 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Abs. NNN Valero | Houston MSA, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Storefront, Truck Stop
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1982
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
30,928 SF
ZONING
-
APN/PARCEL ID
0341950000097
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888-993-5344
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888-993-5344
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