26810 Kuykendahl Rd, Tomball, TX 77375-2638

Property Details for 26810 Kuykendahl Rd

Year built

2022

Construction

STEEL FRAME

Lot size

0.95 lot acres

Property type

Auto shops

APN

1376720010001

APU

1376720010001

Description

This exceptional investment opportunity presents a brand-new, 2023-constructed 6,880-square-foot Sun Auto retail building situated on a 0.946-acre lot in Tomball, Texas. The property boasts a 20-year absolute NNN lease with a prominent tenant, Sun Auto Tire & Service, a national operator with over 430 locations. The lease features zero landlord responsibilities and built-in annual rent increases of 1.5% throughout the primary term, along with four five-year renewal options. This provides exceptional long-term stability and predictable cash flow. The asking price is $5,004,000, representing a compelling 5.65% cap rate and a NOI of $282,750. The property benefits from its strategic location at the entrance to The Woodlands, a thriving master-planned community with over 114,000 residents and 2,100 businesses, boasting an average household income exceeding $194,417 within a 3-mile radius. This high-growth area has experienced a remarkable 12.47% population increase since 2020. The site enjoys excellent visibility and accessibility, situated in a major retail corridor anchored by significant businesses including H-E-B, Walmart, Walgreens, and Lone Star College. Kuykendahl Road, where the property is located, sees over 25,000 vehicles daily, connecting The Woodlands and Tomball communities. The tenant provides annual and quarterly financial reporting for the parent company, offering further transparency and confidence in this investment. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential.

Location Insight

City

Tomball

County

Harris

State

Texas

Longitude

-95.5491

Latitude

30.1486

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments