28818 Cinco Ranch Boulevard
Katy, TX
Price:
$3381000
Cap Rate:
5.50%
NOI:
$185,948
Building Size:
Approx. 4724 Sq. Ft.
Lot Size:
Approx. 0.81 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2016
Investment Overview
- 2016 Construction | 4,724+/- SF Building on .81+/- Acre Site
- New 20-Year, Corp NNN Lease with 10% Rent Bumps Every 5-Years
- Located along FM 1463 (4,000 VPD), just south of I-10 (140,000 VPD)
- Across Future HEB Shopping Center | Near CVS, Starbucks, Wendy’s
- Near Pine Mills Ranch (585-Acres), a Master Planned Community
- Company HQ’s: BP N America, Conoco, Mustang Eng., Diamond Offshore
- 5-Mile Radius: 2016 Est Pop: 111,375 | 1-Mile Avg. HH Income: $168,157
- Greater Houston (MSA): 6th Largest MSA in US | Population: 5,946,800