1100 Old Spanish Trail
Houston, TX
Price:
$4,124,000
Cap Rate:
4.85%
NOI:
$200,000
Lot Size:
Approx. 0.621 Acres
Type:
Single-Tenant / Retail
Sub Category:
Bank / Financial
Year Built:
2020
Investment Overview
- 2020 Construction. +/- 0.621 Acre Site
- New 15 Year Absolute NNN Ground Lease with Regions Bank
- Investment Grade Tenant with Standard and Poor’s Credit Rating of A-
- Regions Bank Operates 1,500 U.S. Locations with $126.24 Billion in AUM
- Irreplaceable Dense Infill Locations in Houston’s ‘Texas Medical Center’
- Stellar Population Density and Income Demographics