12011 Bammel North Houston Rd Houston, TX 77066
- Retail properties
- 2,500 SF
- 0.24 lot acres
Current Use by Public Records
- Loanstar Title Loans / Loan Agency
- SelfMade Multi-service / Tax Preparation
Property Details for 12011 Bammel North Houston Rd
- Lot size
- 0.24 lot acres
- Property size
- 2,500 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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
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
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.4987
- Latitude
- 29.9509
