9400 Sam Houston Pkwy Houston, TX 77396
This exceptional investment opportunity presents a fee-simple ownership of a 4,361-square-foot Class A bank building located at 9400 N Sam Houston Pkwy E, Houston, TX 77396, in Harris County. The property is currently 100% occupied by Chase Bank under an absolute triple-net (NNN) ground lease with a corporate guarantee. The lease commenced March 17, 2005, and has a remaining term of approximately 0.3 years, with four, five-year renewal options. The building, constructed in 2005, sits on a 0.9-acre lot and features a single story. The property boasts a current cap rate of 4.75% and a pro-forma cap rate of 10.00%, with a net operating income (NOI) of $166,375. The asking price is $3,500,000, translating to a price per square foot of $802.57. The property benefits from a high-traffic location on Beltway 8, with significant daily vehicle traffic. Parking is provided at a ratio of 6.19 spaces per 1,000 square feet. Rent bumps are structured at 10%. The property's permitted zoning is commercial, and the APN is 1274820010001. This is a rare opportunity to acquire a stable, investment-grade property with a strong tenant and significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.