Listing Agency: Wheeler Commercial

Listed By: Lee Y. Wheeler III · License #0467055 Show Phone

Source: Wheelercommercial

Added: Mar 3 Changed: Aug 28 Last Checked: Sep 5 at 3:54AM

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Investment Insights

Based on property information with market context.

This for-sale specialty investment property is currently leased to Relevant Industrial. The lease includes two five-year options, along with 3% yearly increases. The seller is marketing the asset as a 7% cap rate investment opportunity.

The property is located at 5455 Highway 347 in Nederland, Texas.

Additional information is available for review; tenants are not to be contacted.

Key Highlights

• Specialty property leased to Relevant Industrial.
• Lease includes two five‑year options.
• Rents include 3% yearly increases.

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Law Firm Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

147

Businesses Nearby

Explore this area Business Placement

Demographics for 77627, TX

23,296

Population

9,970

Households

2.3

Avg Household Size

38

Median Age

25%

College-Educated

93%

High-School Grad

13.2 sq mi

ZIP Area

1,765

Density / Sq Mi

$75,778

Median Household Income

$51,556

Median Earnings

$1,364

Median Rent

$201,200

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this specialty properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Specialty property - Specialty property leased to Relevant Industrial with two five-year options and 3% annual rent increases.

Where is this specialty property located?

The property is located at 5455 Highway 347 Nederland, TX.

What are key features of this property?

This property features: Specialty property leased to Relevant Industrial.; Lease includes two five‑year options.; Rents include 3% yearly increases.