4545 S Sam Houston Pkwy E - Auto Repair FOR SALE


Houston, TX 77048
$4,500,000 USD
713-744-7400
4545 S Sam Houston Pkwy E, Houston, TX for Sale
$4,500,000 USD
Auto Repair - FOR SALE
1/9
null | 4.16% Cap Rate

4545 S Sam Houston Pkwy E
Houston, TX 77048


OVERVIEW

Building Size ± 12,000 SF Lot Size ± 3.5 AC Year Built 2006 Parking ±43 Free Surface Spaces Lease Expiration 3/31/2036 Corporate Guaranty Service King Paint and Body, LLC Lease Type Absolute NNN (No Landlord Responsibilities) Lease Commencement October 6, 2015 Lease Expiration March 31,2036 Term Remaining ± 14.5 Years Rent Escalations 10% Every 5 Years Option Periods Four (4) Five (5) Year Option Periods

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

4.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Service King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

3.5 AC

LAND SF

152,460 SF

ZONING

None

APN/PARCEL ID

0410840000421

ASK ABOUT THIS PROPERTY

Michael Spears, SIOR, CCIMLee & AssociatesMore Info
713-744-7400

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Michael Spears, SIOR, CCIMLee & AssociatesMore Info
713-744-7400

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