9450 Westheimer Rd
Houston, TX 77063
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
11,586 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.98 AC
Zoning
None
Parking
20 Spaces
ABOUT 9450 WESTHEIMER RD , HOUSTON, TX 77063
Stan Johnson Company is pleased to offer to qualified investors, a ground lease with National Tire & Battery as the tenant located in the booming city of Houston, Texas. Current rents are well below market, even with the 10% rent increase coming near in 2020. National Tire & Battery is operating under an Absolute NNN lease with zero landlord responsibilities. The original 30-year lease currently has just over 6 years remaining with 2, five-year options at 10% rent increases per option period. Located on the popular Westheimer Road, the property benefits from first class demographics, strong traffic counts and excellent visibility.
PROPERTY TAXES
| Parcel Number | 0720840000067 | Improvements Assessment | $714,702 |
| Land Assessment | $1,917,000 | Total Assessment | $2,631,702 |
