Tenant has many years of experience in the business.
Over 300' of frontage on busy College Ave.
42,600 Sf of total property for future development
OVERVIEW
Current tenant's new lease was effective March 1, 2019 with 10 years term. Tenant pays all maintenance, taxes and insurance. Strong, experienced tenant with other locations in Houston. Over 9% cap rate on full price. Lots of potential for the property in the future with a large 42,600 SF lot. Over 300' of frontage on College Ave. with over 25,000 cars per day. Very highly visible property.