Regions Bank I GL Houston, TX

1100 Old Spanish Trail
Houston, TX

Price: $4,706,000
Cap Rate: 4.25%
NOI: $200,000
Lot Size: Approx. 0.621 Acres
Type: Single-Tenant / Retail
Sub Category: Bank / Financial
Year Built: 2020

Investment Overview

  • 2020 Construction. +/- 0.621 Acre Site
  • New 15 Year Absolute NNN Ground Lease with Regions Bank
  • Investment Grade Tenant with Standard and Poor’s Credit Rating of A-
  • Regions Bank Operates 1,500 U.S. Locations with $126.24 Billion in AUM
  • Irreplaceable Dense Infill Locations in Houston’s ‘Texas Medical Center’
  • Stellar Population Density and Income Demographics