NNN-Leased Auto-Oriented Specialty
For Sale
Contact for pricing
29502 Tomball Parkway, Tomball, TX 77375
Long-term NNN lease with a corporate guarantee and scheduled 1.5% annual escalations beginning in year six.
Property Size5,966 SF
Price / SF$988.94
Days on Market56
Property Features for 29502 Tomball Parkway
General Information
Standard status
Active
Size
5,966 SF
Property subtype
Retail
Building Details
Year Built
2026
Listing Agency:
Summit Real Estate
(469) 844-8884
Listed By:
Jason Vitorino · License #TX 512565
Source:
Crexi
Added: Jun 11
Changed: Jul 10
Last Checked: Aug 4 at 12:59PM
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 Summit Real Estate
Investment Insights
Based on property information with market context.
This offering is a long-term NNN leased specialty property with an automotive-oriented use profile. The lease structure is NNN, and the terms include a strong corporate guarantee. Rental escalations are scheduled at 1.5% annually, starting in year six, providing built-in rent growth tied to the lease schedule.
The property is located at 29502 Tomball Parkway in Tomball, Texas. This is a single-asset investment for buyers seeking an NNN structure paired with corporate backing and defined escalation timing.
For investors and qualified buyers, the key underwriting focus here is the lease duration and credit support reflected in the strong corporate guarantee, along with the 1.5% annual rental increases that commence in year six. The NNN format is designed to shift eligible operating expenses to the tenant, aligning costs more closely with the lease structure rather than the owner’s ongoing day-to-day expenses.
The property is located at 29502 Tomball Parkway in Tomball, Texas. This is a single-asset investment for buyers seeking an NNN structure paired with corporate backing and defined escalation timing.
For investors and qualified buyers, the key underwriting focus here is the lease duration and credit support reflected in the strong corporate guarantee, along with the 1.5% annual rental increases that commence in year six. The NNN format is designed to shift eligible operating expenses to the tenant, aligning costs more closely with the lease structure rather than the owner’s ongoing day-to-day expenses.
Key Highlights
- Long‑term NNN lease structure
- Corporate guarantee in place
- Scheduled 1.5% annual rental escalations beginning in year six
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
501k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 38%
Shops & Services 23%
Dining 17%
Home Improvements & Furnishings 10%
Academy Sports + Outdoors
Apparel
59,286 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
48,087 visits/mo
0.1 miles
Marshalls
Apparel
46,706 visits/mo
0.4 miles
Kroger
Groceries
45,524 visits/mo
0.2 miles
Kohl's
Apparel
33,269 visits/mo
0.4 miles
Demographics for 77375, TX
65,365
Population
25,452
Households
2.6
Avg Household Size
34
Median Age
41%
College-Educated
92%
High-School Grad
35.2 sq mi
ZIP Area
1,857
Density / Sq Mi
$95,813
Median Household Income
$57,735
Median Earnings
$1,495
Median Rent
$287,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Long-term NNN lease with a corporate guarantee and scheduled 1.5% annual escalations beginning in year six.
Where is this nnn property located?
The property is located at 29502 Tomball Parkway Tomball, TX.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Long‑term NNN lease structure; Corporate guarantee in place; Scheduled 1.5% annual rental escalations beginning in year six
