Meineke Car Care 2343 S Kirkwood Rd 5 225 pi² Commerce de détail Immeuble Houston, TX 77077 À vendre

Well-positioned single-tenant gross-leased auto service property located in the highly desirable West Houston corridor. The asset is fully leased to a Meineke franchisee under a recently executed 10-year lease (signed August 2024), providing long-term income stability with built-in rental escalations. This offering is for the real estate only. The existing Meineke franchisee will remain in place, delivering immediate cash flow from day one. In addition to the primary tenant income, the property benefits from supplemental revenue through an adjacent parking lease, enhancing overall yield and diversification of income streams. Strategically situated on S Kirkwood with strong daily traffic counts and convenient access to major freeways, the property serves a dense residential base and established commercial trade area. The surrounding area includes national retailers, service-oriented businesses, and established neighborhoods, supporting consistent demand for automotive services.
Investment Highlights:
-Long-term 10-year lease signed August 2024
-Established Meineke franchise tenant in place
-Built-in rental escalations
-Additional income from neighboring parking lease
-Strong Houston location with high visibility and accessibility
-Ideal for 1031 exchange or passive investor
-Houston continues to experience steady population growth and economic expansion, supporting long-term fundamentals for essential service retail assets such as automotive repair facilities.
Contact for full financials, lease details, and offering memorandum.