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Autozone at Jordan Ranch Jordan Crossing Boulevard 7,308 SF 4-Star Retail Building Katy, TX 77494 $2,636,614 CAD ($360.78 CAD/SF) 4.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Unparalleled integration in Houston’s latest affluent and family-oriented master-planned community: Jordan Ranch
  • Located on major north/south thoroughfare; Texas Heritage Parkway

EXECUTIVE SUMMARY

Hunington is excited to present the opportunity to purchase the fee simple interest in a brand-new AutoZone store situated in Fulshear, Texas. This property will be leased to AutoZone Parts, Inc., a global leader in specialty auto retailing, boasting over 6,370 locations worldwide and annual revenues of $17.5 billion. Under the terms of the agreement, AutoZone will operate under a triple net lease structure, providing stability with a primary lease term of fifteen years and the option for four additional 5-year renewal terms. This offering represents an exceptional chance to acquire a newly constructed retail asset. Situated within a well-established master-planned community and a thriving retail hub with a convenient highway access, this property offers the added benefit of being leased to a top-tier, industry-leading tenant.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,308 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Construction Status
Under Construction
Price
$2,636,614 CAD
Price Per SF
$360.78 CAD
Cap Rate
4.50%
NOI
$118,648 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.93 AC

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

H-E-B Fuel
Beans & Brews Coffee House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0611-00-106-0039-901
Land Assessment
$2,158,675 CAD
Improvements Assessment
$4,531,940 CAD
Total Assessment
$6,690,615 CAD
  • Listing ID: 33936285

  • Date on Market: 2024-11-20

  • Last Updated:

  • Address: Jordan Crossing Boulevard, Katy, TX 77494

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