Humble (Houston), TX 77338

Bank of America

Property Address

9460 FM 1960, Humble, TX, USA

Offering Summary

  • Price: $4,064,000
  • Lot Size: 1.219 Acres
  • Cap Rate: 6.0%
  • Year Built: 1998
  • Building SF: 4,146
  • Status: Available
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  • 9+ Years Remaining on Modified Triple-Net (NNN) Lease - Recently Extended and Remodeled, Showing Commitment to the Site
  • Annual Rental Increases Through November 2028, with 10% Rental Increases Thereafter and in Each Of Four, Five-Year Renewal Options
  • Longstanding Site - Tenant has Operated at the Location for 26 Years
  • 115,094 Residents within a 5-Mile Radius - Growing Trade Area in the Houston MSA
  • Average Household Income Exceeds $83,000 in the Surrounding Area
  • Signalized Hard Corner Location, Easily Accessible by 59,000+ Cars per Day from FM 1960 and Townsen Boulevard
  • Situated within a Dense Retail Corridor, Minutes from Deerbrook Mall and Surrounded by National Tenants: Walmart Supercenter, Sam’s Club, At Home, etc.

Broker Information