7727 W Grand Pkwy S
Richmond, TX 77407
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN lease with zero landlord responsibilities.
- Long term lease - 20-year initial term.
- Ideal, management-free investment for an out-of-state, passive investor.
- Corporate lease with GB Auto Service, Inc. with over 370 locations nationwide.
- Brand new 2023 construction.
- Attractive 1.5% Rental increases every year.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,581 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.06 AC
Zoning
MUD
Parking
30 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
125’ on West Grand Parkway South
PROPERTY TAXES
| Parcel Number | 0206-00-000-0046-901 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $321,147 |
