8078 Antoine DrHouston, TX 77088

Property Details for 8078 Antoine Dr

Year built

1982

Lot size

0.24 AC

Property size (Sq ft)

1,700 SF

Property type

Commercial real estate

APN

1123100000030

APU

1123100000030

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $398,513

  Hospitality

  $365,035

  Educational

  $303,705

  Medical

  $314,150

  Retail

  $472,430

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.885

Longitude

-95.4735

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].