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Service Street Auto – Aliana 18300 W Airport Blvd

4,465 SF Retail Building Richmond, TX 77407 $4,484,036 ($1,004/SF) 5.50% Cap Rate

Retail Space Texas Richmond 18300 W Airport Blvd, Richmond, TX 77407

Investment Highlights

  • 20 Year Absolute Net Lease
  • Four public schools ranked in top ten
  • Located at the main entrance to Aliana, a 4,200 home master planned community off Grand Parkway and W. Airport Blvd.
  • Fort Bend county ranks 3rd for purchasing power in texas, and 2nd on “Texas Counties Where Wealthy People are Moving” list

Executive Summary

18300 W Airport Blvd, Richmond, TX 77407
Lease Type: Absolute NNN
Ownership Type: Fee Simple
Tenant Guarantor: Corporate
Asking Price: $4,484,036.36
NOI $246,622.00
Cap Rate: 5.50%
Primary Term 20 Years
Rent Increases: 1.50% Annual
Renewal Options: Four (4), 5-Year
Land Size (Acres): 0.92
Year Built: 2024
New Development STNL Auto Repair Shop

Attachments

Service Street Auto-Aliana

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,465 SF
Building Class
C
Year Built
2024
Price
$4,484,036
Price Per SF
$1,004
Cap Rate
5.50%
NOI
$246,622
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Land Acres
0.92 AC
Frontage
393 FT on Shimmer Lane

Amenities

  • Pylon Sign
  • Air Conditioning

Links

1 of 1

Nearby Major Retailers

HOTWORX
Salata
Big Blue Swim School
Dutch Bros
EoS Fitness
Outback Steakhouse
First Watch
Olive Garden
Flying Biscuit Cafe
Stretchlab

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0096-00-001-0003-907
  • 0096-00-000-0195-907
 Improvements Assessment $0
Land Assessment $0 Total Assessment $1,520,048

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0096-00-001-0003-907
  • 0096-00-000-0195-907
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,520,048
(713) 623-6944

  • Listing ID: 32002226

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 18300 W Airport Blvd, Richmond, TX 77407

More public record information on 18300 W Airport Blvd, Richmond, TX 77407

The Retail Property at 18300 W Airport Blvd, Richmond, TX 77407 is currently available For Sale. Contact Hunington Properties, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Service Street Auto-Aliana

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Service Street Auto – Aliana | 18300 W Airport Blvd
(713) 623-6944 x

Service Street Auto – Aliana | 18300 W Airport Blvd

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Jeffrey Aron

(713) 623-6944

(713) 623-6944

Matthew Kivnani

(214) 689-3600

(214) 689-3600

Sandy Aron

(713) 623-6944

x308

(713) 623-6944 x308

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