1405 FM 1092 Road
Missouri City, TX
Price:
$917000
Cap Rate:
6.00%
NOI:
$55,000
Building Size:
Approx. 1600 Sq. Ft.
Lot Size:
Approx. 0.6 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2017
Investment Overview
- 2017 Construction. 1,600+/- SF Building on .60+/- Acre Site
- New 10-Year Corp, NNN GL w/ 10% Rent Bumps Every 5-Yrs
- Located along FM 1092 (41K VPD) & Lexington Blvd (12K VPD)
- Adjacent to Starbucks | Near CVS, Walgreens, Burger King, Shell
- Missouri City has become a much sought-after address in SW Houston
- Subject property is near Multiple Preparatory Schools (7K+ Student)
- Attractions: The Galleria | NRG Stadium | Space Center | Houston Zoo
- Major Employers: BP America | Shell Oil Company | Exxon Mobil Corp
- 3-Mile Radius: 2017 Estimated Pop: 100,954 | Avg HH Income: $116,629
- Greater Houston ( MSA) | 6TH Largest MSA in the U.S | Pop: 5,946,800