9060 Highway 6 Missouri City, TX 77459
- Retail properties
- 5,480 SF
- 0.69 lot acres
Current Use by Public Records
- Sun Auto Tire & Service / Auto Repair Shop / Auto Air Conditioning Service
Property Details for 9060 Highway 6
- Year built
- 2024
- Lot size
- 0.69 lot acres
- Property size
- 5,480 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
This exceptional investment opportunity presents a brand-new, 2024-constructed 5,480 square foot Sun Auto retail building situated on a 0.693-acre lot in Missouri City, Texas. Located at 9060 Hwy 6, this property benefits from a prime location at the entrance to the 10,000+ acre Sienna master-planned community, boasting over 78,000 residents and an average household income exceeding $106,000 within a 3-mile radius. The property is part of a thriving retail area anchored by major brands including H-E-B, Walmart, Aldi, and several fitness centers and banks. High traffic counts on Highway 6 (46,000+ vehicles daily) ensure excellent visibility and accessibility. The investment features a 20-year absolute NNN lease with a strong national tenant, Sun Auto Tire & Service, operating over 430 locations nationwide. The lease includes 1.5% annual rent increases, providing consistent income growth. The asking price is $3,975,000, representing a 5.65% cap rate and a price per square foot of $725.36. The property generates a net operating income (NOI) of $224,605, with 100% occupancy. This is a rare opportunity to acquire a high-performing, low-maintenance investment with significant long-term growth potential. The lease includes four five-year renewal option periods.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Missouri City
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.5332
- Latitude
- 29.5386
