Storefront For Sale • 4,600 SF
CORE ASSET: Located along Sam Houston Parkway in close proximity to intersection of Westheimer Road which sees traffic counts in total of ±63,000 VPD. |
DUAL CORPORATE GUARANTE: Tenant mix includes two corporate guaranteed operations between Black Rock Coffee Bar a high growth brand with 144+ locations |
HEDGE AGAINST INFLATION: Robust leases across all tenants provide a significant hedge against inflation with 2 tenants subject to 3% annual increases |
LONG-TERM LEASES: Current weighted average lease term across all tenants of 6.80 years with each having two, five-year renewal options. |
LOCAL EDUCATION: Walnut Bend Elementary School 0.67 mi – Grace School 0.24 mi – Ascension Episcopal School 0.27 mi |
DEMOGRAPHICS: Strong population base with current totals within one, two, and three mile radii of 22,676 – 192,197 – 563,346. |
Airport | Drive | Walk | Distance |
---|---|---|---|
William P Hobby | 39 min | - | 26.8 mi |
George Bush Intcntl/Houston | 37 min | - | 30.4 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 18 |
Type: | Surface |
Included in Rent: | Yes |