NNN-Backed Retail Lease
For Sale
Contact for pricing
Pending
2707 W Lake Houston Pkwy, Houston, TX 77339
Long-term absolute NNN lease with 10+ years remaining, backed by a tenant with an S&P A- rating commitment.
Property Size4,554 SF
Days on Market174
Property Features for 2707 W Lake Houston Pkwy
General Information
Standard status
Pending
Size
4,554 SF
Total Parking Spaces
20
Property subtype
Retail
Zoning
C
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Stabilized
Net Operating Income
$199,650
Additional Details
Traffic Count
34,000 vehicles/day
Building Details
Year Built
2008
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Northmarq
Listed By:
Amar Goli · License #01883944
(980) 895-3178
Source:
Crexi
Added: Mar 18
Changed: Aug 24
Last Checked: Aug 23 at 4:27AM
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
Investment Insights
Based on property information with market context.
This offering features a long-term, absolute NNN leased property with 10+ years remaining on the lease term. The tenant is described as investment grade, with a commitment to location and an S&P A- rating.
The property is located at 2707 W Lake Houston Pkwy in Houston, TX 77339, on a popular corridor with traffic of 34K+ VPD as stated in the remarks. The lease structure includes strong lease escalations per the provided information, supporting long-term rental growth under the absolute NNN framework.
The property is located at 2707 W Lake Houston Pkwy in Houston, TX 77339, on a popular corridor with traffic of 34K+ VPD as stated in the remarks. The lease structure includes strong lease escalations per the provided information, supporting long-term rental growth under the absolute NNN framework.
Key Highlights
- Long‑term absolute NNN lease with 10+ years remaining
- Tenant is backed by an S&P A- rating commitment
- Includes 34K+ VPD on the popular corridor
Property Analytics
Current Use
Lease Details
34,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
801
Businesses Nearby
275k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 28%
Home Improvements & Furnishings 10%
Beauty & Spa 5%
McDonald's
Dining
34,692 visits/mo
0.3 miles
Chick-fil-A
Dining
28,968 visits/mo
0.4 miles
K and M Hardware of Kingwood LLC
Home Improvements & Furnishings
20,917 visits/mo
0.3 miles
Exxon
Shops & Services
19,645 visits/mo
0.3 miles
H-E-B Fuel
Shops & Services
19,180 visits/mo
0.5 miles
Demographics for 77339, TX
43,076
Population
19,104
Households
2.3
Avg Household Size
38
Median Age
39%
College-Educated
95%
High-School Grad
16.1 sq mi
ZIP Area
2,676
Density / Sq Mi
$84,015
Median Household Income
$50,105
Median Earnings
$1,605
Median Rent
$274,900
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?
NNN property - Long-term absolute NNN lease with 10+ years remaining, backed by a tenant with an S&P A- rating commitment.
Where is this nnn property located?
The property is located at 2707 W Lake Houston Pkwy Houston, TX.
What is the asking price?
The asking price for this property is $3,472,174.
What are key features of this property?
This property features: Long‑term absolute NNN lease with 10+ years remaining; Tenant is backed by an S&P A- rating commitment; Includes 34K+ VPD on the popular corridor
