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    Houston Investment Opportunity Title is generated by Realmo AI

    4545 S Sam Houston Parkway E, Houston, TX

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    NNN leased auto shop with corporate guarantee.

    Type:RETAIL
    Property size:
    12,000 SF
    Lot size:
    3.50 Acres
    Price / SF:
    $375/SF
    Added:
    Jan 24, 2022
    Days on Market:
    1596
    Last Refresh:
    May 20 at 8:13 pm

    Property Features for 4545 S Sam Houston Parkway E

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Lot size
    3.50 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Mike Spears, SIOR, CCIM
    Mike Spears, SIOR, CCIM

    Listing agent Mike Spears, SIOR, CCIM License ##493926

    Listing office Lee & Associates

    Listing date Jan 24, 2022

    Source Moodyscre

    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 Lee & Associates

    HighLights

    • Absolute NNN Lease (No Landlord Responsibilities)
    • Corporate Guaranty by Service King Paint and Body, LLC
    • Enjoy a long‑term investment with ± 14.5 Years Remaining on Lease
    • 10% Rent Escalations Every 5 Years
    • Four (4) Five (5) Year Option Periods
    • ± 3.5 AC Lot Size

    Overview

    This property, located at 4545 South Sam Houston Parkway East in Houston, Texas, presents an investment opportunity. Constructed in 2006, the building encompasses approximately 12,000 square feet and is situated on a lot of approximately 3.5 acres. The property includes approximately 43 free surface parking spaces. The property is currently leased to Service King Paint and Body, LLC, with an absolute NNN lease structure, meaning no landlord responsibilities. The lease commenced on October 6, 2015, and is set to expire on March 31, 2036, leaving approximately 14.5 years remaining on the term. The lease includes rent escalations of 10% every 5 years, along with four (4) five (5) year option periods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Crash Champions Collision ... Auto Repair Shop

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Cars Fast Shop LLC — 4139 Deerbriar Run Dr, Houston, TX 77048
    • King Ranch Ag and Turf — 3715 S Sam Houston Pkwy E, Houston, TX 77047
    • Caliber Collision — 3913 S Sam Houston Pkwy E, Houston, TX 77047
    • Crash Champions Collision Repair N Pearland — 4545 S Sam Houston Pkwy E, Houston, TX 77048
    • Amazing rv tech — 3851 Glover Meadows Ln, Houston, TX 77047

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.3459
    Latitude
    29.6019

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    FAQs

    What type of property is this?
    Auto shop - NNN leased auto shop with corporate guarantee.
    Where is this auto shop located?
    The property is located at 4545 S Sam Houston Parkway E Houston, TX.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Absolute NNN Lease (No Landlord Responsibilities); Corporate Guaranty by Service King Paint and Body, LLC; Enjoy a long‑term investment with ± 14.5 Years Remaining on Lease
    (713) 744-7404 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mike Spears, SIOR, CCIM
    Mike Spears, SIOR, CCIM
    Real Estate License ID: #493926
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