12776 East Freeway
Houston, TX
Price:
$5,560,000
Cap Rate:
4.50%
NOI:
$250,184
Building Size:
Approx. 3,010 Sq. Ft.
Lot Size:
Approx. 0.66 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 3,010+/- SF Building on 0.66+/- Acre Site
- Brand New 15-Year Corp. Absolute NNN Lease w/ Rare 10% Rent Increase Every 5 Yrs
- Strategically Located Along Interstate-10 (300,000 VPD)
- Near Jason’s Deli, Burger King, Subway, Harbor Freight Tools, AutoZone
- Houston Expected to See Fastest Economic Growth in U.S. through 2023
- Strong Income Demos with $59,421 within a 5-mile Radius
- Houston | Home to Largest Medical Center in the World | Population: 2.33 Million+