7111 Martin Luther King Jr Blvd | Houston, TX 77033
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
7111 Martin Luther King Jr Blvd
Houston, TX 77033
20 Year Absolute NNN Sale-Leaseback | Sunoco · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The property features a 20-Year absolute NNN lease; It includes 7.5% rent increases every 5 years with 4 – 5 Year options
- The property is situated along Martin Luther King Blvd with a traffic volume of 24,801 VPD and 1 mile away from S Loop Fwy SW with 140,706 VPD
- 4 miles from William P. Hobby Airport, which handles over 14 million passengers annually; 5 miles from Dowtown Houston
- Tenant to re-invest $200,000 back into the business for Tenant improvements
- Close proximity to Houston's major hospital: Houston Methodist Hospital, approximately 4.5 miles away, offering around 2,200 beds
- Situated in a vibrant community with 328,466 residents and 114,990 households
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
3,603 SF
Building Class
C
Year Built
1978
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.44 AC
Zoning
None
Parking
8 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
217’ on MLK Blvd
PROPERTY TAXES
| Parcel Number | 0761540500019 | Improvements Assessment | $646,008 |
| Land Assessment | $248,430 | Total Assessment | $894,438 |
PROPERTY TAXES
Parcel Number
0761540500019
Land Assessment
$248,430
Improvements Assessment
$646,008
Total Assessment
$894,438
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
