1410 1st St E - Restaurant FOR SALE


Humble, TX 77338
$1,030,000 USD
713-240-6822
1410 1st St E, Humble, TX for Sale
$1,030,000 USD
Restaurant - FOR SALE
1/25
null | 7.25% Cap Rate

1410 1st St E
Humble, TX 77338


HIGHLIGHTS

  • Recently updated
  • Very open concept
  • Located on main avenue

OVERVIEW

This presents a compelling investment prospect: a NNN lease asset situated on First St in Humble. Currently in the initial year of a five-year lease, the tenant's performance has been exceptional, underscoring the promising nature of this site. Positioned amidst vibrant commercial activity, the property offers significant potential for long-term growth. Meticulously maintained by the owner with numerous updates, this opportunity is being offered with a blended rate at a 7.25% capitalization rate.

FOR SALE DETAILS

PRICE

$1,030,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

Commercial - Food Service

APN/PARCEL ID

0431500130040

ASK ABOUT THIS PROPERTY

Rigoberto JuarezGlobal Investment RealtyMore Info
713-240-6822

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Rigoberto JuarezGlobal Investment RealtyMore Info
713-240-6822

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