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8711 Highway 6Missouri City, TX 77459

NNN Leased, Recession-Resistant, Texas

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a single-tenant, NNN-leased automotive retail property located at 8711 Hwy 6, Missouri City, Texas, 77459. The property boasts a substantial 8,844 square feet situated on a 1.14-acre lot. Constructed in 2013, the building is currently 100% occupied by a thriving automotive business under a 20-year lease commencing December 1, 2023, and expiring December 1, 2043. This leaves a significant remaining lease term of 19 years, providing exceptional long-term stability for investors. The lease includes built-in rent bumps of 6.25% every five years, ensuring consistent growth in rental income. Furthermore, the tenant is considered recession-resistant, generating over $6 million in annual sales, mitigating investment risk. The lease structure is a triple-net (NNN) lease, meaning the tenant is responsible for all property expenses, including property taxes, insurance, and maintenance, eliminating landlord responsibilities. The lease also includes five 5-year renewal options, further securing the long-term income stream. This is a turnkey investment with significant upside potential, offering a rare combination of stability, growth, and minimal management requirements. The property's prime location in Fort Bend County, Texas, adds to its appeal.

Highlights

  • Investment-grade tenant with recession-resistant business model.
  • Strong location with proven sales exceeding $6 million annually, guaranteeing lease performance.
  • Long-term lease providing stability with built-in rent escalations over 20 years.
  • Absolutely no landlord responsibilities or management required.

Property Details for 8711 Highway 6

Property type
Retail properties, Auto shops
Square Feet
8,844 SF
Year Built
2013
Buildings
1
Lot Size (sq. ft)
49,658 SF

Location Insight

City
Missouri City
County
Fort Bend
State
Texas
Latitude
29.5408567
Longitude
-95.5393602
8711 Highway 6, Missouri City, Texas

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8711 Highway 6
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