18300 W Airport Blvd - Auto Repair FOR SALE
Richmond, TX 77407 |
$4,144,908 USD
713-623-6944
18300 W Airport Blvd
Richmond, TX 77407
HIGHLIGHTS
- 20 Year Absolute Net Lease
- Located at the main entrance to Aliana, a 4,200 home master planned community off Grand Parkway and W. Airport Blvd.
- Four public schools ranked in top ten
- Fort Bend county ranks 3rd for purchasing power in texas, and 2nd on “Texas Counties Where Wealthy People are Moving” list
OVERVIEW
18300 W Airport Blvd, Richmond, TX 77407
Lease Type: Absolute NNN
Ownership Type: Fee Simple
Tenant Guarantor: Corporate
Asking Price: $4,484,036.36
NOI $246,622.00
Cap Rate: 5.50%
Primary Term 20 Years
Rent Increases: 1.50% Annual
Renewal Options: Four (4), 5-Year
Land Size (Acres): 0.92
Year Built: 2024
New Development STNL Auto Repair Shop
FOR SALE DETAILS
PRICE
$4,144,908 USD
PRICE/SF
$928 USD /SF
CAP RATE
5.95%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Service Street Auto – Aliana
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Service Station, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.92 AC
LAND SF
40,075 SF
ZONING
-
APN/PARCEL ID
0096-00-000-0195-907
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713-623-6944
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713-623-6944
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