Northern Tool and Equipment | Houston MSA 18780 US-59 22 016 pi² 4-Étoile Commerce de détail Immeuble Humble, TX 77338 6 685 061 $ CAD (303,65 $ CAD/pi²) 6,55% Taux de capitalisation

This passive NNN investment opportunity offers a property with minimal landlord responsibilities, limited to the structure only, and includes a 20-year transferable roof warranty through 2040. Northern Tool is a nationally recognized retailer and manufacturer of industrial-grade tools and equipment with more than 140 locations across 22 states. Strategically located in Humble, a thriving Houston suburb, the property benefits from strong regional retail demand, excellent visibility, and easy access to major highways, surrounded by other large destination retailers. The local market features a growing population, robust employment, and a diverse economy, supporting steady retail performance and long-term tenant stability. Investors also benefit from Texas’s lack of personal and corporate income tax, enhancing overall yield and long-term return potential.