Ferrari of Houston | 6100 Southwest Fwy
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Ferrari of Houston 6100 Southwest Fwy
11,080 SF Retail Building Houston, TX 77057 $6,450,000 ($582/SF)
Executive Summary
PLEASE EXECUTE AND RETURN CONFIDENTIALITY AGREEMENT TO RECEIVE OFFERING MEMORANDUM
Jones Lang LaSalle Americas, Inc. is pleased to exclusively offer for sale the Ferrari of Houston leased dealership property located at 6100 Southwest Freeway, Houston, TX. The property consists of 4 buildings sitting on a 2.782-acre campus facing Interstate 59/69 Southwest Freeway, Houston, TX. The Tenant has two options to renew for 10-years each. Ferrari of Houston leases the campus through May 5, 2027.
This property is well located due to superior visibility from US Interstate 59/69 with visibility to over 196,000 vehicles per day and close proximately to nearby auto-related businesses such as SOHO Motorcars, Action Limo, Houston Car Direct, Texas Car Direct, Auto Dynamics, Carz Mart, S Auto, Texas Car Club, and NXcess Motorcars.
This is an excellent opportunity to invest in a net leased auto dealership site with the confidence that the property will continue to hold its value over the long term based on growing demand for Interstate frontage properties in Houston.
Jones Lang LaSalle Americas, Inc. is pleased to exclusively offer for sale the Ferrari of Houston leased dealership property located at 6100 Southwest Freeway, Houston, TX. The property consists of 4 buildings sitting on a 2.782-acre campus facing Interstate 59/69 Southwest Freeway, Houston, TX. The Tenant has two options to renew for 10-years each. Ferrari of Houston leases the campus through May 5, 2027.
This property is well located due to superior visibility from US Interstate 59/69 with visibility to over 196,000 vehicles per day and close proximately to nearby auto-related businesses such as SOHO Motorcars, Action Limo, Houston Car Direct, Texas Car Direct, Auto Dynamics, Carz Mart, S Auto, Texas Car Club, and NXcess Motorcars.
This is an excellent opportunity to invest in a net leased auto dealership site with the confidence that the property will continue to hold its value over the long term based on growing demand for Interstate frontage properties in Houston.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
11,080 SF
Building Class
C
Year Built/Renovated
1973/2023
Price
$6,450,000
Price Per SF
$582
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.63 AC
Zoning
N/Ap
Parking
75 Spaces (4.36 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0690440070234 | Improvements Assessment | $3,308,236 |
| Land Assessment | $2,132,670 | Total Assessment | $5,440,906 |
PROPERTY TAXES
Parcel Number
0690440070234
Land Assessment
$2,132,670
Improvements Assessment
$3,308,236
Total Assessment
$5,440,906
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Ferrari of Houston | 6100 Southwest Fwy
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