12610 Southwest Fwy - Auto Repair FOR SALE


Stafford, TX 77477
$250,000 USD
305-206-1286
12610 Southwest Fwy, Stafford, TX for Sale
$250,000 USD
Auto Repair - FOR SALE
1/10
null | Request Cap Rate

12610 Southwest Fwy
Stafford, TX 77477


HIGHLIGHTS

  • STARTING BID $250,000 | 10K SF Former NTB | 201K VPD | Houston MSA | AUCTION FEBRUARY 24-26, 2025
  • 10,846 SF Former NTB (owned by Tire Kingdom parent company) with Pylon on Huge 1.16 Acre Parcel
  • 201K VPD Traffic Count Visibility and Access Excellent Visibility from US-59/I-69 in Houston’s Vibrant Sugar Land Submarket
  • Neighboring National Retailers: Costco, Walmart, Sam’s Club, Harley Davidson, AMC, and many more
  • Zoned MU-1, Mixed Use-1 with a Variety of Uses including Retail, Office, Restaurant, and more
  • Attractive Demographics with 5-Mile Population of ±377,043 People with an Annual Household Income of $90,815

OVERVIEW

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace AUCTION SITE: https://rimarketplace.com/auction/2322/reit-sale-10k-sf-former-ntb-201k-vpd-houston-msa?utm_source=costar Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 12610 Southwest Freeway in Stafford, TX 77477 (the “Property”). Formerly occupied by NTB, National Tire and Battery, the Property is being offered significantly below replacement cost, providing an exceptional opportunity for investors to acquire a highly visible and strategically positioned asset with substantial value-add potential. Built in 1991, the Property consists of a one-story, free-standing building containing ±10,846 gross square feet and is positioned on a ±1.16-acre parcel with 46 surface parking spaces and multiple ingress/egress points. The site benefits from excellent visibility and accessibility, situated along the high-traffic Southwest Freeway (US-59/I-69), which carries ±201,283 VPD, and near the major intersection of Kirkwood Road with over 16,500 VPD. Zoned MU-1 (Mixed Use-1), the Property provides significant redevelopment potential, allowing investors or owner/users to reposition the asset for a variety of retail, service, or commercial uses. This former NTB also offers potential investors the ability to acquire a free-standing retail building with significant value add through long lease up at long term market rates (CoStar estimated retail rents of ±$19-24/SF NNN). There is annual CAM (Common Area Maintenance) charged to the owner of this parcel for $1,782.78, a flat fee billed annually and due January 31. Strategically located in Stafford, a thriving community within Fort Bend County, the Property offers access to one of the fastest-growing and most affluent areas in Texas. Stafford benefits from its proximity to Sugar Land (±5-min southwest) and Houston (±15-min northeast), offering unparalleled connectivity and regional access. Nearby amenities include First Colony Mall (±8-min), Sugar Land Town Square (±7-min), and Constellation Field (±10-min), while regional connectivity is enhanced by its proximity to Beltway 8, Highway 6, and US-59/I-69. The Property is also located ±30-min from William P. Hobby Airport and ±45-min from George Bush Intercontinental Airport. This former NTB is surrounded by strong demand drivers, including major employers and residential developments that contribute to the area’s economic vitality. Stafford is located in a growing trade area, supported by a population of nearly 115,000 residents within a 3-mile radius and ±337,000 individuals with an average HH income of ±$90,815 within a 5-mile area. This former NTB presents an excellent opportunity for investors or owner/users to capitalize on the economic growth and regional connectivity of Stafford, TX, and Fort Bend County, one of the nation’s most vibrant and affluent regions. Lamar P. Fisher Fisher Auction Company Inc. License: 10344

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auction - REIT Sale | 10K SF Former NTB

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

Y

APN/PARCEL ID

0296-00-000-0910-910

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.