18002 Hwy 59
Humble, TX
Price:
$2,774,000
Cap Rate:
5.75%
NOI:
$159,500
Building Size:
Approx. 2,225 Sq. Ft.
Lot Size:
Approx. 1.021 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2025
Investment Overview
- 2025 Construction. 2,225+/- SF Building on 1.021+/- Acre Site
- New Construction Site with 10 Year Net Lease, 10% Rental Escalation the Primary Term and (4) 5-Year Option Periods
- Located Right off of Interstate 69 (53,700+ VPD), Near the Corner of Will Clayton Pkwy (10,300+ VPD)
- Strategically Positioned Adjacent to George Bush Intercontinental Airport (48.4 Million Passengers/Year)
- High Growth Trade Area: 132,885 Residents Living w/in 5-Mile Radius w/ Avg. HH Income of $102,110+
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World, Ranked Most Valuable Brand Globally for 8 Years
- Humble | Located in Houston, Largest City in Texas | Houston Population: 2.31M+