9060 Highway 6Missouri City, TX 77459

Property Details for 9060 Highway 6

Year built

2024

Lot size

0.69 AC

Property size (Sq ft)

5,480 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a brand-new, 2024-constructed 5,480 square foot Sun Auto retail building situated on a 0.693-acre lot in Missouri City, Texas. Located at 9060 Hwy 6, this property benefits from a prime location at the entrance to the 10,000+ acre Sienna master-planned community, boasting over 78,000 residents and an average household income exceeding $106,000 within a 3-mile radius. The property is part of a thriving retail area anchored by major brands including H-E-B, Walmart, Aldi, and several fitness centers and banks. High traffic counts on Highway 6 (46,000+ vehicles daily) ensure excellent visibility and accessibility. The investment features a 20-year absolute NNN lease with a strong national tenant, Sun Auto Tire & Service, operating over 430 locations nationwide. The lease includes 1.5% annual rent increases, providing consistent income growth. The asking price is $3,975,000, representing a 5.65% cap rate and a price per square foot of $725.36. The property generates a net operating income (NOI) of $224,605, with 100% occupancy. This is a rare opportunity to acquire a high-performing, low-maintenance investment with significant long-term growth potential. The lease includes four five-year renewal option periods.

Location Insight

City

Missouri City

County

Fort Bend

State

Texas

Latitude

29.5386

Longitude

-95.5332

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