Listed by ICO Real Estate Advisors, LLC
$1,995,000
3227 FM 1960 Humble TX 77338
Details
APN 125716
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 7,056
Net Rentable (SqFt) 7,056
Units 1
Cap Rate 7.55%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 16
Lease Expiration 09/30/2037
Remaining Term 11.2
Rent Bumps Yes
Price per SqFt $283
Class B
Year Built 2016
Stories 1
Lot Size (SqFt) 28,310
Investment Type Sale/Leaseback
Lease Commencement 10/01/2021
Ground Lease No
Sale Condition Sale for leaseback
100% Leased | Investment Sale
Marketing description
This 100% leased single-tenant net-lease investment offers investors stable in-place income backed by a 12-year remaining lease term. The property is located along the heavily traveled FM 1960 corridor, with approximately 40,000 vehicles per day, and benefits from excellent visibility and strong surrounding retail activity. Positioned directly across from national QSR brands including Taco Bell, Wendy’s, KFC, and McDonald’s, the site is located in a proven consumer-oriented corridor with consistent daily traffic and strong commercial activity
Investment highlights
Fully leased single-tenant net lease investment with 12 years of remaining term, providing durable cash flow, long-term income security, and limited landlord obligations
Listing Contacts
Listed by ICO Real Estate Advisors, LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
