NNN Retail Property with Modern
For Sale
Contact for pricing
8717 Humble Westfield Rd, Humble, TX 77338
Modern stone and stucco storefront building in a deed restricted business park with a three-year NNN lease.
Property Size5,990 SF
Price / SF$191.99
Days on Market177
Property Features for 8717 Humble Westfield Rd
General Information
Standard status
Active
Size
5,990 SF
Property subtype
INDUSTRIAL
Additional Details
Business Included
Yes
Building Details
Year Built
2016
Construction
stone and stucco
Listing Agency:
Caldwell Brokerage
(281) 664-6634
Listed By:
Mark Terpstra · License #0443855
(281) 664-6634
Source:
Moodyscre
Added: Feb 5
Changed: Jul 30
Last Checked: Jul 31 at 7:05AM
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 Caldwell Brokerage
Investment Insights
Based on property information with market context.
This NNN retail property is part of a deed restricted business park and features modern stone and stucco storefronts. The building was constructed in 2016 and supports an established business operating for several years. The property is offered with a triple net (NNN) lease for a three-year term.
The lease includes a one-time 3.00% increase halfway through the 3-year term. The location is described as a semi-retail setting near US 59 and FM 1960, and the subject property has signage rights on busy FM 1960 to help establish retail visibility.
With a total property size of 5,990 square feet, the offering is designed for a tenant that values storefront presence and an NNN lease structure.
The lease includes a one-time 3.00% increase halfway through the 3-year term. The location is described as a semi-retail setting near US 59 and FM 1960, and the subject property has signage rights on busy FM 1960 to help establish retail visibility.
With a total property size of 5,990 square feet, the offering is designed for a tenant that values storefront presence and an NNN lease structure.
Key Highlights
- 5,990 SF NNN retail property in a deed restricted business park
- Constructed in 2016 with modern stone and stucco storefronts
- Triple net (NNN) lease with a three‑year term
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.8k | $18.00 |
| − Vacancy | −$6.1k | −$1.03 |
| EGI | $101.7k | $16.97 |
| − OpEx | −$30.5k | −$5.09 |
| NOI | $71.2k | $11.88 |
5,990 SF · lease $18.00/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.02M
$889.7K – $1.19M
NOI $71,172 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,490 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,365
Businesses Nearby
565k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 35%
Dining 26%
Shops & Services 23%
Groceries 13%
Dillard's
Apparel
63,517 visits/mo
0.5 miles
Total Wine & More
Groceries
51,992 visits/mo
0.3 miles
JCPenney
Apparel
46,349 visits/mo
0.5 miles
Ross Dress for Less
Apparel
33,968 visits/mo
0.3 miles
Boot Barn
Apparel
25,506 visits/mo
0.4 miles
Demographics for 77338, TX
45,031
Population
17,667
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
87%
High-School Grad
26.0 sq mi
ZIP Area
1,732
Density / Sq Mi
$68,808
Median Household Income
$38,528
Median Earnings
$1,354
Median Rent
$222,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Modern stone and stucco storefront building in a deed restricted business park with a three-year NNN lease.
Where is this nnn property located?
The property is located at 8717 Humble Westfield Rd Humble, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 5,990 SF NNN retail property in a deed restricted business park; Constructed in 2016 with modern stone and stucco storefronts; Triple net (NNN) lease with a three‑year term
