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    OFF-MARKET
    Retail properties & Spaces

    12011 Bammel North Houston Rd Houston, TX 77066

    2,500 SF 0.24 ac lot
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    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple ownership of a 2,500 square foot convenience store/QSR/Storefront in Houston, Texas. Located at 12011 Bammel North Houston Rd, 77066, on a 0.24-acre lot, this property boasts a strong 6.26% cap rate and a substantial Net Operating Income (NOI) of $49,300. The property is currently 100% occupied under a triple-net (NNN) lease with Select Management Resources (SMR), a major national title loan company with over 425 locations. The lease commenced October 1, 2024, and extends for a full 20 years, providing exceptional long-term stability. The lease includes a corporate guarantee and attractive 3% annual rent bumps, ensuring consistent income growth. This is a passive income investment with no landlord responsibilities beyond collecting rent checks

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,500 SF
    Lot 0.24 ac (10,454 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Loanstar Title Loans Loan Service
    • SelfMade Multi-service Accounting Firm Tax Preparation
    2 occupants on record
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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