1205 North Houston Avenue
Humble, TX
Price:
$5,128,000
Cap Rate:
4.50%
NOI:
$230,770
Building Size:
Approx. 3,010 Sq. Ft.
Lot Size:
Approx. 1 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 3,010+/- SF Building on 1+/- Acre Site
- Brand New 15-Year Corp. Absolute NNN Lease w/ Rare 10% Rent Increase Every 5 Yrs
- Strategically Located at the Intersection of FM 1960 and N Houston Ave (60,605 VPD)
- Near Pep Boys, Service King, Planet Fitness, Dollar Tree, Petco, Taco Bell
- Subject Property is Only 5 Miles from George Bush Intercontinental Airport
- Strong Income Demos with $87,975 within a 5-mile Radius
- Humble | 30 Miles Northeast of Downtown Houston | Population: 15,000+