Your email has been sent.
Bank of America 9710 Bissonnet St 4,440 SF Retail Building Houston, TX 77036 $2,484,180 CAD ($559.50 CAD/SF) 7.06% Cap Rate
Investment Highlights
- Bank of America Guaranty – Bank of America boasts some of the strongest credit in the net-lease space, benefiting an investor with security
- No Zoning Restrictions – Allowing for opportunistic repositioning and redeveloping capabilities in the future.
- Excellent Visibility – This bank is situated on ±0.98 AC of land along Bissonnet Street, which sees ±43,800 VPD. The property offers access to Houston
- Industry Leading Tenant with over $180.14B in Deposits in the city of Houston – Bank of America has the third largest deposit base in Houston
- Multiple Drive Thru Lanes – This location has 5-drive thru lanes, allowing excellent flow of traffic and quick access to services.
- Southwest District Revitalization – As part of a separate $30 million commitment from the City of Houston, a seven-mile segment of Bissonnet Street
Executive Summary
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Rishi Idnani & Connor Olandt in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
- -
- $32.67 CAD
- Triple Net
- Dec 2029
Bank of America Corporation provides various financial services including commercial banking, wealth management, and investment banking. The company originated from the 1998 merger between BankAmerica and NationsBank. Through predecessor institutions like Massachusetts Bank, chartered in 1784, and Bank of Italy, founded in 1904, Bank of America has deep historical roots in American finance. Over decades, the company expanded its national footprint through strategic acquisitions and now serves millions of consumers and businesses. Bank of America operates through multiple divisions catering to retail customers, commercial enterprises, and high-net-worth individuals while maintaining a significant presence in the global financial industry.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | - | $32.67 CAD | Triple Net | Dec 2029 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1317090010001 | Improvements Assessment | $1,624,968 CAD |
| Land Assessment | $874,109 CAD | Total Assessment | $2,499,077 CAD |
Property Taxes
Presented by
Bank of America | 9710 Bissonnet St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.