For Sale
$2,573,000
16616 House & Hahl Rd Cypress, TX 77433
6,840 SF Auto Shop, 15+ Year Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Single-tenant, corporate-guaranteed Sun Auto Tire & Service with a strong operating history and new long-term lease; significant net worth guaranty available upon request.
- Absolute NNN lease; no landlord responsibilities.
- 20-year initial term with 17 years remaining and four 5-year options.
- 1.75% annual rent increases during the primary term; 10% increases at each option.
- Fee simple ownership; land and building included.
- Sun Auto Tire & Service, a top 10 national tire retailer with 425 locations, occupies the property; previously operated as Louetta Auto.
Property Details for 16616 House & Hahl Rd
- Property type
- Retail properties, Auto shops
- Year Built
- 2015
- Lot Size (sq. ft)
- 29,621 SF
Location Insight
- City
- Cypress
- County
- Harris
- State
- Texas
- Latitude
- 29.962532222011
- Longitude
- -95.710017437327
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - 6,840 SF Auto Shop, 15+ Year Lease
- Where is the retail property located?
- The property is located at 16616 House & Hahl Rd Cypress, TX.
- What is the asking price?
- The asking price for this property is $2,573,000.
- What are key features of this property?
- This property features: Single-tenant, corporate-guaranteed Sun Auto Tire & Service with a strong operating history and new long-term lease; significant net worth guaranty available upon request.; Absolute NNN lease; no landlord responsibilities.; 20-year initial term with 17 years remaining and four 5-year options.
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