Retail    

Speed Queen / Happy Cash

 Baytown (Houston), TX

Asking Price

$2,040,000

Cap Rate

6.12%

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Lease Term

10 Years

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Industry Leading

Guarantor Strength

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Building Size (SF)

5,270

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Year Built

2018

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Lease Type

NN

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • 125K Annual Visitors (#1 Location in TX  | #2 Location Nationwide)
  • Excellent Guarantor Strength
  • Impressive Retail Corridor & Submarket Economy
  • Outparcel To HEB
  • Long-Term Leases with Rental Increases
  • Strong Store Performance
  • NN Lease
  • Newer Build-to-Suit Construction
  • Essential Retailer, Internet-Resistant & Tenant “Recession-Proof” Industry Averse to E-Commerce Trends
  • Huge Customer Base
  • Clear Visibility & Access
  • Quality Traffic Counts 

Exclusively Listed By

Brian Corriston

Vice President
  bcorriston@northmarq.com      832.485.7307
TX Lic. #516241

Chris Howard

Assistant Manager of Investment Analysis
  choward@northmarq.com      678.654.5652

Jason Kramer

Research Analyst
  jkramer@northmarq.com   

Northmarq

10333 Richmond Avenue, Suite740
Houston, TX 77042


northmarq.com