520 Main St Tomball, TX 77375-5599

This fee-simple investment opportunity presents a 609-square-foot, single-tenant retail property in Tomball, Texas, currently leased to DeNovo Coffee. The property boasts a 6.00% cap rate and a strong 10-year NNN lease (commencing October 1, 2024, and expiring September 30, 2034), featuring 10% rental increases every five years. The building, constructed in 2016, is situated on a 0.48-acre lot with five parking spaces and benefits from a prime location on West Main Street (FM 2920), experiencing 22,000 vehicles per day. The property enjoys excellent visibility and accessibility, situated within a thriving retail corridor near major employers, including Lone Star College-Tomball and Tomball Independent School District, and less than a mile from HCA Houston Healthcare Tomball. The surrounding area demonstrates significant growth, with 118,412 residents within a five-mile radius and an average annual household income of $138,981 within the same radius. The property is zoned for commercial/restaurant fast food use and includes five lease options. The asking price is $999,900, with a current NOI of $60,000. This is a turn-key investment with minimal landlord responsibilities. The property's strong tenant, favorable lease terms, and prime location make it an attractive investment opportunity. The APN is 1372040010001.