24719 FM 2100
Huffman, TX
Price:
$2,140,000
Cap Rate:
6.10%
NOI:
$130,533
Building Size:
Approx. 10,566 Sq. Ft.
Lot Size:
Approx. 1.5 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction 10,566+/- SF Building on 1.50 +/- Acre Site
- 15-year corporate absolute NNN lease with a 10% increase in each option period
- Strategically located along Farm to Market “FM” 2100, the primary north-south thoroughfare in the region
- Within a 5-miles radius there are 45,000+ residents | $130,000 average household income
- Close proximity to major residential communities, elementary schools, and major national tenants such as Wells Fargo, Chevron, True Value and many more
- Subject property located approximately 35-miles of downtown Houston, TX
- Houston MSA 5th largest U.S. population