HIGHLIGHTS
- Bank of America Guaranty – Bank of America boasts some of the strongest credit in the net-lease space, benefiting an investor with security
- Industry Leading Tenant with over $180.14B in Deposits in the city of Houston – Bank of America has the third largest deposit base in Houston
- No Zoning Restrictions – Allowing for opportunistic repositioning and redeveloping capabilities in the future.
- Multiple Drive Thru Lanes – This location has 5-drive thru lanes, allowing excellent flow of traffic and quick access to services.
- Excellent Visibility – This bank is situated on ±0.98 AC of land along Bissonnet Street, which sees ±43,800 VPD. The property offers access to Houston
- Southwest District Revitalization – As part of a separate $30 million commitment from the City of Houston, a seven-mile segment of Bissonnet Street
OVERVIEW
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Rishi Idnani & Connor Olandt in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.
FOR SALE DETAILS
PRICE
$2,107,000 USD
PRICE/SF
$475 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bank of America
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
0.98 AC
LAND SF
42,863 SF
ZONING
None
APN/PARCEL ID
1317090010001
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