Retail NNN Lease Hard
For Sale
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1216 Spencer Hwy, South Houston, TX 77587
NNN investment with a corporate guaranty, featuring a signalized hard-corner location and established TitleMax lease terms.
Property SizeContact for details
Days on Market124
Property Features for 1216 Spencer Hwy
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
39,000 vehicles/day
Listing Agency:
Sands Investment Group Austin - Offenbecher
Listed By:
Ethan Offenbecher · License #TX 642658
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 9:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group Austin - Offenbecher
Investment Insights
Based on property information with market context.
This NNN investment features an operating TitleMax property with a corporate guaranty from TMX Finance, LLC. The offering includes approximately 6 years remaining on the initial lease term, with a rental increase noted in 2020.
The property is positioned on a signalized hard corner, supporting visibility and direct access. Public remarks indicate traffic counts over 39,000 cars per day, along with dense infill demographics including a stated population of 162,000 within 3 miles.
The site’s location is described as being about 15 minutes from Hobby Airport and 15 minutes from Port of Houston, with downtown Houston referenced at approximately 25 minutes.
The property is positioned on a signalized hard corner, supporting visibility and direct access. Public remarks indicate traffic counts over 39,000 cars per day, along with dense infill demographics including a stated population of 162,000 within 3 miles.
The site’s location is described as being about 15 minutes from Hobby Airport and 15 minutes from Port of Houston, with downtown Houston referenced at approximately 25 minutes.
Key Highlights
- NNN lease with corporate guaranty from TMX Finance, LLC
- Signalized hard‑corner location with traffic counts over 39,000 cars per day
- Approximately 6 years remaining on the initial lease term
Property Analytics
Property Profile
Current Use
Lease Details
39,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
808
Businesses Nearby
Explore this area
Business Placement
Demographics for 77587, TX
16,179
Population
5,549
Households
2.9
Avg Household Size
32
Median Age
9%
College-Educated
60%
High-School Grad
3.1 sq mi
ZIP Area
5,219
Density / Sq Mi
$52,407
Median Household Income
$30,669
Median Earnings
$1,174
Median Rent
$177,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - NNN investment with a corporate guaranty, featuring a signalized hard-corner location and established TitleMax lease terms.
Where is this nnn property located?
The property is located at 1216 Spencer Hwy South Houston, TX.
What are key features of this property?
This property features: NNN lease with corporate guaranty from TMX Finance, LLC; Signalized hard‑corner location with traffic counts over 39,000 cars per day; Approximately 6 years remaining on the initial lease term
