AutoZone FM 1960 & Kenswick Drive, Texas

FM 1960 & Kenswick Drive, Texas

Price: $1,647,000
Cap Rate: 4.25%
NOI: $70,000
Building Size: Approx. 7,000 Sq. Ft.
Lot Size: Approx. 0.77 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2023

Investment Overview

  • 2023 Construction. 7,000 +/- SF Building on 0.77+/- Acre Site
  • Brand New Corporate 15 Year Absolute NNN Ground Lease w/ 8% Rental Increases Every 5 Years
  • Excellent High Traffic Location Near the Intersection of FM 1960 & Kenswick Dr (57K Combined VPD)
  • Adjacent to George Bush Intercontinental Airport (Sees 46+ Million Passengers Annually)
  • Situated Directly in Front of 2.5+ Million Sqft of Warehouses including Amazon, DHL, and PODS.
  • AutoZone (S&P BBB) is the Largest Auto Parts Chain w/ Over 6,900 Stores
  • Humble  |  Part of the Houston MSA  |  Houston Population: 2.33 MM+

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