Advance Auto Parts Humble, TX

3219 FM 1960
Humble, TX

Price: $2218000
Cap Rate: 5.50%
NOI: $121,999
Building Size: Approx. 6889 Sq. Ft.
Lot Size: Approx. 0.65 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2016

Investment Overview

  • New Construction | 6,889+/- SF Building on .65+/- Acre Site
  • New 15-Yr Corp Lease w/ 12% Rent Bumps Every 5-Yrs after Yr-10
  • Located along FM 1960 (55,000 VPD), just E of I-45 (258,000 VPD) & the Hardy Toll Rd (44,333 VPD)
  • Near Kroger, Sam’s Club, AutoZone, McDonald’s, Whataburger, Starbucks, Capital One, & Chick-Fil-A
  • Major Employers: BP America (9,537 Empl.) | Shell Oil Co. (3,000 Empl.) |ConocoPhillips (2,600 Empl.)
  • Houston is 2nd to New York City in Fortune 500 HQ’s & placed in Forbes’ “Top 5 Best Big Cities for Jobs”
  • 5-Mile Radius: 2015 Estimated Population: 171,230 l  3-Mile Average Household Income:  $64,472
  • Houston – Sugar Land – Baytown (MSA): 6th Largest MSA in US | Population: 5,946,800

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