Retail    

Village ER (Ground Lease)

 Jersey Village, Texas

Asking Price

$3,788,000

Cap Rate

5.78%

Icons_Lease-Icon

20-Year Abs NNN

Ground Lease

highway-icon

Excellent

Highway Visibility

Icons_YrBuilt-Hammer-Icon

Newer Construction

2019

Icons_AvgHHI-Icon

Avg HHI

$140K (1-Mile)

Icons_Population-Icon

Population

264K (5-Mile)

For more details on this exclusive listing

DOWNLOAD OM

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  •  Absolute NNN 20-Year Ground Lease - Approximately 15 Years Remaining
  • Multi-Unit Operator - Strong Financials
    (Contact Broker for Details)
  • Directly Adjacent to TX Hwy 290 - Visible to Over 193,000 VPD
  • Highly Affluent Houston Submarket - $140,000 Avg HH Income within 1 Mile
  • Excellent Demographics - Over 264,000 Residents within 5 Miles
  • Tenant has Significant Investment in the Site - Over $2.7MM in Construction / Build-Out
  • Newer (2019) Institutional Quality Construction
  • Income Tax-Free State

Exclusively Listed By

Riley Sharman

Vice President
  rsharman@northmarq.com      832.497.2558
TX Lic. #781579

Brian Lane

Senior Associate
  blane@northmarq.com   

In Association With
Jim Gibson

TX Lic. #392926

Northmarq

One Riverway Drive, Suite 1600
Houston, TX 77056


northmarq.com

©2023 Northmarq
Privacy Policy Terms & Conditions