1655 1st St E - Auto Dealership FOR SALE
Humble, TX 77338 |
$1,808,382 USD
843-510-0551
1655 1st St E
Humble, TX 77338
HIGHLIGHTS
- The Lease is Backed By Advance Auto Parts, a Company With an Investment Grade Credit Rating of BBB- From S&P & Baa2 From Moody's
- Houston Stands as the Largest City in Texas, Boasting a Thriving Population Exceeding 2.3 Million Residents
- Within a 5-Mile Radius, the Area Features a Strong Demographic Profile, Hosting 181,158 Residents
- The Lease Includes a 10% Rent Increase During Each Option Period
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
- Founded in 1932, Advance Auto Parts Employs Over 65,000 People Nationwide
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts Located at 1655 First Street East in Humble, TX. This Deal Includes a Triple Net Lease That is Backed By Advance Auto Parts, Also the Lease Includes a 10% Rent Increase During Each Option Period, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman Lic. TX #644481
FOR SALE DETAILS
PRICE
$1,808,382 USD
PRICE/SF
$258 USD /SF
CAP RATE
7.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts - Humble, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Dealership
ADD'L SUBTYPES
Auto Repair, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.59 AC
LAND SF
156,380 SF
ZONING
C
APN/PARCEL ID
1293340010001
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
843-510-0551
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
843-510-0551
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
