2545 Gessner Rd - Retail FOR SALE


Houston, TX 77080
$1,550,000 USD
469-844-8884
2545 Gessner Rd, Houston, TX for Sale
$1,550,000 USD
Retail - FOR SALE
1/3
null | 5.5% Cap Rate

2545 Gessner Rd
Houston, TX 77080


HIGHLIGHTS

  • Surrounding National Retailers | HEB, Kroger, Aldi, Mister Car Wash, Starbucks, LA Fitness, Regions Bank, Walgreens, McDonalds, Whataburger, and more
  • Convenient Access & High Traffic Counts | The Subject Property Benefits from Easy Access from Gessner Rd Seeing 27,857 Vehicles per Day
  • Dense Houston Demographics | 112,075 Population in a 1-Mile radius & 268,640 in a 3-Mile radius

OVERVIEW

Absolute Net Ground Lease | Zero Landlord Responsibilities - Tenant is Directly Responsible for All Operating and Capital Expenses Related to the Property Corporate Guarantee | The lease is Guaranteed by Corporate Take 5 (Take 5 Properties SPV LLC) Long Term Lease | Take 5 Recently Executed a 15 Year Lease with Three Consecutive Five-Year Renewal Options Inflation Hedge | 10% Rental Increases Every 5 Years in Primary Term and Options – Income Tax Free State Quality 2024 Construction | Take 5 is Utilizing Their Preferred 3 Bay Prototype

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$922 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

-

APN/PARCEL ID

0951230000013

ASK ABOUT THIS PROPERTY

Jason VitorinoSTRIVEMore Info
469-844-8884

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Jason VitorinoSTRIVEMore Info
469-844-8884

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