8078 Antoine Dr Houston, TX 77088

This exceptional investment opportunity presents a fee-simple ownership of a 1,700 square foot retail property located at 8078 Antoine Dr, Houston, TX 77088. The property sits on a 0.24-acre lot and is currently 100% occupied under a triple-net (NNN) lease with Select Management Resources (SMR), a significant national title loan company operating under sixteen distinct brands with over 425 locations across 20 states. The lease commenced October 1, 2024, and extends for a substantial 20-year term, expiring October 1, 2044. The lease includes a crucial 3% annual rent increase, ensuring consistent growth in rental income. The current asking price is $448,800, yielding a 6.25% cap rate based on a net operating income (NOI) of $28,050. This property offers a passive income stream with no landlord responsibilities beyond collecting rent checks, as the tenant is responsible for all maintenance, utilities, taxes, and insurance. The tenant's strong financial position and long-term commitment make this a highly attractive investment prospect in the robust Houston market. This is a rare opportunity to acquire a below $500,000 net lease property with built-in annual rent escalations, providing significant long-term value appreciation. The property is classified as a convenience store, QSR/fast food, and storefront.