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Service King 4545 S Sam Houston Pkwy E 12,000 SF Retail Building Houston, TX 77048 $6,154,560 CAD ($512.88 CAD/SF) 4.16% Cap Rate
Executive Summary
Building Size ± 12,000 SF
Lot Size ± 3.5 AC
Year Built 2006
Parking ±43 Free Surface Spaces
Lease Expiration 3/31/2036
Corporate Guaranty Service King Paint and Body, LLC
Lease Type Absolute NNN (No Landlord Responsibilities)
Lease Commencement October 6, 2015
Lease Expiration March 31,2036
Term Remaining ± 14.5 Years
Rent Escalations 10% Every 5 Years
Option Periods Four (4) Five (5) Year Option Periods
Lot Size ± 3.5 AC
Year Built 2006
Parking ±43 Free Surface Spaces
Lease Expiration 3/31/2036
Corporate Guaranty Service King Paint and Body, LLC
Lease Type Absolute NNN (No Landlord Responsibilities)
Lease Commencement October 6, 2015
Lease Expiration March 31,2036
Term Remaining ± 14.5 Years
Rent Escalations 10% Every 5 Years
Option Periods Four (4) Five (5) Year Option Periods
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Building Class
C
Year Built
2006
Price
$6,154,560 CAD
Price Per SF
$512.88 CAD
Cap Rate
4.16%
NOI
$255,756 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
3.50 AC
Zoning
None
Parking
43 Spaces (3.58 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0410840000421 | Improvements Assessment | $1,377,122 CAD |
| Land Assessment | $1,544,570 CAD | Total Assessment | $2,921,693 CAD |
Property Taxes
Parcel Number
0410840000421
Land Assessment
$1,544,570 CAD
Improvements Assessment
$1,377,122 CAD
Total Assessment
$2,921,693 CAD
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Service King | 4545 S Sam Houston Pkwy E
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