19740 Saums Rd
Houston, TX
Price:
$1528000
Cap Rate:
5.50%
NOI:
$84,000
Building Size:
Approx. 2304 Sq. Ft.
Lot Size:
Approx. 0.35 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2000
Investment Overview
- 2,304+/- SF Building on .35+/- Acre Site
- 20 Year NNN Lease with 10% Rent Bumps Every 5 Years
- No Damage or pause in operations during Hurricane Harvey
- Located along Saums Rd (21K VPD), just N of I-10 (189K VPD)
- Adjacent to 24-Hour Fitness | Near McDonalds, H-E-B, SBUX
- Near the Energy Corridor District (3rd Largest Employer Center)
- Top Employers w/HQ: BP America | Shell Oil | Conoco Philips
- Attractions: NRG Stadium | Space Center | Sam Houston Park
- 3-Mile Radius: 2017 Est Pop: 125,872 | Avg HH Income: $102,569
- Houston ( MSA) | Sixth Largest MSA in the U.S | Pop: 5,946,800