19550 Northwest Fwy, Jersey Village, TX 77065
This exceptional 33,380-square-foot auto dealership, built in 2002, is situated on a prominent 4-acre corner lot in Jersey Village, Texas. The property boasts excellent visibility and accessibility, with approximately 320 feet of frontage on Highway 290 and approximately 345 feet on Wortham Boulevard. Its location just south of Highway 6 and US 290/Northwest Freeway places it in a high-traffic area, surrounded by numerous car dealerships and retail businesses. The property benefits from high daily vehicle counts, with 24,921 vehicles per day on the Highway 290 frontage road and 151,790 vehicles per day on the main lanes. The lease expires December 1, 2024, and the building is currently 100% occupied. The property offers easy access to major thoroughfares including Highway 290, Beltway 8, Loop 610, and the Grand Parkway. The surrounding area demonstrates strong demographics, with an average household income exceeding $103,940 within a 3-mile radius and $111,965 within a 5-mile radius. This single-story building presents a significant opportunity for investors or operators seeking a prime location in a thriving automotive retail market. The property's address is 19550 Northwest Fwy, Jersey Village, TX 77065.
Cap rate
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Property description
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