Freestanding For Sale • 4,614 SF
Absolute Net Lease Featuring Above Average Increases (Greater of 15% or CPI) at Each Option. 13+ Year Historical Occupancy. |
Positioned Along Area’s Major Retail & Traffic Corridor: Equipped with a large Pylon Sign - Features Excellent Visibility & Easy Access. |
Nearby On/Off Ramp Access to both Interstate-610 (180k+ VPD) and Interstate-45 (196k+ VPD), two Heavily Traveled Commuter Thoroughfares. |
Excellent Demographics - Densely Populated Area: Features 327k+ People Residing within a 5-Mile Radius. 1.9k+ Apartment Units within 1-Mile Radius. |
Pad Site to Lowe’s & Adjacent to Gulfgate Center - a 805k+ SF Power Center anchored by H-E-B, Lowe’s Home Improvement, Marshalls, Ross, etc |
Site is located within the Opportunity Zone - An Investment Program that Offers Tax Incentives through a Qualified Opportunity Fund. |
Cap Rate: | 8.00 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Houston (Sunset Limited - Amtrak) | 11 min | - | 7.7 mi |
Airport | Drive | Walk | Distance |
William P Hobby | 14 min | - | 5.8 mi |
George Bush Intcntl/Houston | 34 min | - | 27.4 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 34 |
Type: | Surface |
Included in Rent: | Yes |