18434 West Airport Boulevard
Houston, TX
Price:
$3,419,000
Cap Rate:
5.50%
NOI:
$188,040
Building Size:
Approx. 4,024 Sq. Ft.
Lot Size:
Approx. 0.91 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2019
Investment Overview
- 2019 Construction. 4,024+/- SF Building on .91+/- Acre Site
- New 15-Year Corp, NNN w/ 10% Rent Bumps Every 5-Yrs
- Located along Airport Blvd (12K VPD) & W Aliana Trace Drive
- Just E of the Grand Pkwy Toll (53K VPD) – Houston’s 3rd Outer Loop
- Caddy-corner to Master Planned Home Community (4,200+ Homes)
- Near H-E-B Anchored Center | Target, Starbucks, Raising Cane’s
- 1.5-Miles E of Travis High School & Harvest Green Montessori School
- Richmond is a suburb of Houston located 25-Miles W of Downtown Houston
- 3-Mile Radius: 2018 Est Pop: 78,555 | 3-Mile Avg HH Income: $105,189
- Greater Houston (MSA) | 6TH Largest in the U.S | Population: 6,892,427