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1964 Northpark Dr
9,900 SF 100% Leased Retail Building Kingwood, TX 77339 $2,949,000 ($298/SF) 7.50% Cap Rate
Investment Highlights
- 7.50 Cap Rate on Stabilized Rents
- 50% Tenants on 10-Year Lease Term
- Prime Retail Trade Area
- Long Term Tenants
- 100% Location
- 20% Below Market Rent (Base + NNN's) = Significant Upside!!
Executive Summary
Property Facts
Amenities
- Corner Lot
- Signage
- Monument Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
In 1928, two men shared a vision of providing a quality insurance product at a reasonable price. Over the decades that followed, Farmers Insurance has grown and adapted to meet the evolving needs of Americans. However, one constant has remained: an unwavering commitment to uphold its founding ideals by providing industry-leading products and first-rate services to the customers it is privileged to serve. Farmers Insurance not only prides itself on helping customers plan wisely for the unexpected, but also on restoring order when it occurs, so they can continue on their journey through life’s plans. Today, Farmers Insurance is one of the country's largest insurers of vehicles, homes, and small businesses, offering a wide range of insurance and financial services products. Farmers Insurance is proud to serve millions of households and businesses across all 50 states and the District of Columbia.
- Us Nails
- Services
- -
- -
- Triple Net
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Finance and Insurance | - | - | Triple Net | - | ||
Us Nails | Services | - | - | Triple Net | - |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0283-00-00557 | Improvements Assessment | $510,010 |
Land Assessment | $229,990 | Total Assessment | $740,000 |
PROPERTY TAXES
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1964 Northpark Dr
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