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16616 House & Hahl Rd
Cypress, TX 77433

$2,573,000 USD

Auto Repair For Sale  •  6,840 SF

Property Details

• Property Type Auto Repair
• Total Building Size 6,840 SF
• Lot Size 0.68 AC
• Building Class C
• Year Built 2015
• Cap Rate 6.00 %
• Tenancy Single
• Zoning F1

0 Transit Score

31 Walk Score

Highlights

Single-Tenant Corporate Sun Auto Service with Proven Operating History and New Long-Term Lease: Huge net worth guaranty

Absolute NNN lease with zero landlord responsibilities | 20-year initial lease term with 17 years remaining and four 5-year options

1.75% annual increases during the primary term and 10% increases at each option | Fee simple investment (offering includes both land and building)

Below Market Rent & Low Price Pt: Subject property was originally a Louetta Auto until it was purchased by GB Auto Service, Inc. & became rebranded

Outstanding Location Within the Dense, Highly Affluent Cypress Community of Houston: Average household income over $137,000 in a 3-mile radius

Part of the Houston MSA: #1 “America’s Fastest Growing Cities” (Forbes)

Cap Rate:

6.00 %

Amenities

• Signage
• Monument Signage

Public Transportation

Airport	Drive	Walk	Distance
George Bush Intcntl/Houston	41 min	-	28.5 mi