6543 North Eldridge Parkway
Houston, TX
Price:
$3,111,000
Cap Rate:
5.00%
NOI:
$155,536
Building Size:
Approx. 7,228 Sq. Ft.
Lot Size:
Approx. 1.072 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Parts
Year Built:
2022
Investment Overview
- 2022 Construction. 7,396+/- SF Building on 0.84+/- Acre Site
- Brand New 15 Yr Corporate Net Lease w/ (5) 5 Yr Renewal Options
- Recession-Resilient Tenant Experiencing Tremendous Growth
- Excellent Metro Location off of N Eldridge Parkway (35K VPD)
- Strong Income Demographics w/ est. $107,065 within a 1-Mile Radius
- S&P BBB+ Credit Rating w/ More Than 5,750 Locations
- Houston | 5th Largest MSA in the U.S. | Population: 2.33 M
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