658 Aldine Mail Rte Rd Houston, TX 77037

Property Details for 658 Aldine Mail Rte Rd

Property size

107,955 SF

Property type

Retail properties

Property subtype

Auto shops

Description

This exceptional investment opportunity presents a fully operational, 100% occupied automotive shop in Houston, TX. The property encompasses 107,955 square feet of land, featuring three buildings with a total of 9,580 net rentable square feet across two stories. The Class A property boasts twelve vehicle bays, ample parking (30 spaces), and a substantial inventory of equipment included in the sale price of $3,900,000. This includes a frame machine, alignment computer, brake rotators, lifts, office furniture, tools, and storage. The property benefits from a prime location on a high-traffic road, with F1-Real Commercial zoning allowing for significant development potential. The existing buildings offer immediate income generation, complemented by a strong 20% cap rate and a one-year remaining lease term on a NNN basis. The property features an electric fence, is well-ventilated, air-conditioned, and well-lit. A clear title and no outstanding liens ensure a smooth transaction. This turnkey operation presents a rare chance to acquire a thriving business and valuable real estate in a desirable Houston location. The included equipment and existing rental income significantly enhance the investment potential. Don't miss this opportunity to acquire a high-performing asset with substantial upside.