Jiffy Lube Houston, TX

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

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