2600 South Richey Street
Houston, TX
Price:
$5,778,000
Cap Rate:
4.50%
NOI:
$260,000
Building Size:
Approx. 3,010 Sq. Ft.
Lot Size:
Approx. 0.951 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 3,010+/- SF Building on 0.951+/- Acre Site
- Brand New 15-Year Corporate Absolute NNN Lease w/ 10% Rent Bumps
- Excellent High Traffic Location at the Corner of Richey St. and Allen Genoa Rd. (32K VPD)
- Near Family Dollar, Dollar Tree, Dollar General, Advance Auto Parts, Walgreens
- Houston is the 4th Largest City in the Country and Continues to Thrive
- Strong Income Demos with $73,472 within a 1-mile Radius
- Houston | Home to the Largest Medical Center in the World | Population: 2.33MM
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