Triple Net Retail
For Sale
Contact for pricing
1821 W Mt Houston Rd, Houston, TX 77038
Triple net lease with landlord responsible for slab and structure only, and over seven years of term remaining.
Property SizeContact for details
Days on Market122
Property Features for 1821 W Mt Houston Rd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Oklahoma City
Listed By:
Tim Speck · License #MI 6502389859
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 6:17PM
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 Marcus & Millichap - Oklahoma City
Investment Insights
Based on property information with market context.
This offering is a triple net retail lease structured with the landlord responsible for slab and structure only. The lease includes an early lease extension and has more than seven years remaining on the current term.
The property is located in North Central Houston near I-45 and SR 249 (Mt. Houston Rd.), within close proximity to McDonald’s, Burger King, CVS, and Walgreens.
The seller cites a 6.3% blended cap rate over the term. Additional market demographics are provided with a 3-mile population of 121,000 and average household income of $52,283.
The property is located in North Central Houston near I-45 and SR 249 (Mt. Houston Rd.), within close proximity to McDonald’s, Burger King, CVS, and Walgreens.
The seller cites a 6.3% blended cap rate over the term. Additional market demographics are provided with a 3-mile population of 121,000 and average household income of $52,283.
Key Highlights
- Triple net lease (NNN) with landlord responsibility for slab and structure only
- Over 7 years of term remaining with an early lease extension
- 6.3% blended cap rate over the term
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Explore this area
Business Placement
Demographics for 77038, TX
30,483
Population
9,134
Households
3.3
Avg Household Size
31
Median Age
12%
College-Educated
65%
High-School Grad
9.7 sq mi
ZIP Area
3,143
Density / Sq Mi
$50,655
Median Household Income
$31,662
Median Earnings
$1,248
Median Rent
$173,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Triple net lease with landlord responsible for slab and structure only, and over seven years of term remaining.
Where is this nnn property located?
The property is located at 1821 W Mt Houston Rd Houston, TX.
What are key features of this property?
This property features: Triple net lease (NNN) with landlord responsibility for slab and structure only; Over 7 years of term remaining with an early lease extension; 6.3% blended cap rate over the term
