8711 Highway 6Missouri City, TX 77459
- Retail properties
- 8,844 SF
Property Details for 8711 Highway 6
- Year built
- 2013
- Lot size
- 1.14 AC
- Property size (Sq ft)
- 8,844 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
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.
Location Insight
- City
- Missouri City
- County
- Fort Bend
- State
- Texas
- Latitude
- 29.5409
- Longitude
- -95.5394
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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