4545 S Sam Houston Pkwy E Houston, TX 77048

This exceptional investment opportunity presents a 12,000-square-foot auto shop strategically located at 4545 South Sam Houston Parkway East in Houston, Texas, within Harris County, zip code 77048. Built in 2006 on a 3.5-acre lot, the property boasts 43 parking spaces and offers convenient access to Beltway 8, experiencing an average daily traffic count nearing 26,000 vehicles. The property is currently under a triple-net (NNN) lease with Service King Paint and Body, LLC, a corporate guarantor, ensuring minimal landlord responsibilities. The lease commenced October 5, 2015, and expires March 30, 2036, providing a substantial remaining lease term of 14.5 years, including four 5-year option periods with 10% base rent escalations every five years. The property generates a Net Operating Income (NOI) of $187,000, resulting in a compelling 4.16% capitalization rate. The asking price is $4,500,000. This location benefits from a high-income market, with average incomes exceeding $70,000, further enhanced by Texas's status as a non-income tax state, maximizing after-tax yields for investors. This is a rare opportunity to acquire a stable, high-performing asset in a prime Houston location.