FAMSA Retail
For Sale
Contact for pricing
Pending
7640 North Fwy, Houston, TX 77076
Corporate-operated retail facility with a double-net lease structure and scheduled rent increases.
Property SizeContact for details
Days on Market43
Property Features for 7640 North Fwy
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Northmarq - Tulsa
Listed By:
Albert Muller · License #TX 459937
Source:
Crexi
Added: Jul 21
Changed: Aug 30
Last Checked: Sep 1 at 6:10AM
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 Northmarq - Tulsa
Investment Insights
Based on property information with market context.
This retail property at 7640 North Fwy is occupied by FAMSA under an original 18-year base lease scheduled to expire in 2024. The double-net structure limits landlord obligations, with responsibility retained for the roof and structural components. Base-term and option-period economics include minimum 10% rent increases every five years.
The property fronts Interstate 45 in Houston, a few miles north of the downtown CBD. The lease also provides three five-year renewal options, extending the contractual term beyond the initial base period if exercised.
The property fronts Interstate 45 in Houston, a few miles north of the downtown CBD. The lease also provides three five-year renewal options, extending the contractual term beyond the initial base period if exercised.
Key Highlights
- FAMSA‑operated retail property at 7640 North Fwy, Houston, TX 77076
- Original 18‑year base lease scheduled to expire in 2024
- Double‑net lease with landlord responsibility for roof and structure
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
976
Businesses Nearby
Explore this area
Business Placement
Demographics for 77076, TX
32,349
Population
10,650
Households
3
Avg Household Size
31
Median Age
6%
College-Educated
55%
High-School Grad
4.7 sq mi
ZIP Area
6,883
Density / Sq Mi
$39,895
Median Household Income
$26,809
Median Earnings
$1,151
Median Rent
$147,700
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Corporate-operated retail facility with a double-net lease structure and scheduled rent increases.
Where is this retail space located?
The property is located at 7640 North Fwy Houston, TX.
What are key features of this property?
This property features: FAMSA‑operated retail property at 7640 North Fwy, Houston, TX 77076; Original 18‑year base lease scheduled to expire in 2024; Double‑net lease with landlord responsibility for roof and structure
