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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9400 Sam Houston Pkwy Houston, TX 77396

4,361 SF 0.9 ac lot Built 2005
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2005
Total area 4,361 SF
Lot 0.9 ac (39,204 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
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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