713-623-6944
3245 Meridiana Pky, Rosharon, TX for Sale
Auto Repair - FOR SALE
1/1
null | Request Cap Rate

3245 Meridiana Pky
Rosharon, TX 77583


HIGHLIGHTS

  • Extremely limited retail supply in the submarket contrains market access
  • Newly built elementary school now open .65 mi from the site drives both foot and automobile traffic, 2 new highschools opened summer 2021 and 2022
  • High end suburban home construction provides tenants with favorable population demographics
  • Located along Highway 288, a major thoroughfare connecting the city of Houston and many of its suburbs

OVERVIEW

Hunington is excited to present the opportunity to purchase the fee simple interest in a brand-new AutoZone store situated in Iowa Colony, Texas. This property will be leased to AutoZone Parts, Inc., a global leader in specialty auto retailing, boasting over 7,140 locations worldwide and annual revenues of $17.45 billion. Under the terms of the agreement, AutoZone will operate under a triple net lease structure, providing stability with a primary lease term of fifteen years and the option for five additional 5-year renewal terms.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AutoZone at Sterling Lakes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sandy AronHunington Properties, Inc.More Info
713-623-6944

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

Sandy AronHunington Properties, Inc.More Info
713-623-6944

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