16810 State Highway 3
Webster, TX
Price:
$4,497,000
Cap Rate:
4.50%
NOI:
$202,357
Building Size:
Approx. 2,506 Sq. Ft.
Lot Size:
Approx. 0.52 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 2,506+/- SF Building on 0.52+/- Acre Site
- Brand New 15-Year Corp. Absolute NNN Lease w/ Rare 10% Rent Increase Every 5 Yrs
- Strategically Located Just Off Interstate 45 at Intersection of Bay Area Blvd & TX-3
- Near Jimmy John’s, Sonic, Discount Tire, World Market, Party City, Home Goods, Office Depot
- Subject Property is Only 3 Miles from NASA Johnson Space Center (1.25 Million Visitors Annually)
- Strong Income Demos with $108,255 within a 5-mile Radius
- Webster | 22 Miles from Downtown Houston | Population: 11,000+