Navy Federal | GL

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Humble, TX

Price: $4,279,000
Cap Rate: 4.75%
NOI: $203,220
Building Size: Approx. 4,516 Sq. Ft.
Lot Size: Approx. 1 Acres
Status: Available
Sub Category: Bank / Financial
Year Built / Renovated: 1986 / 2019

Investment Overview

  • 4,516+/- SF Building on 1.00+/- Acre Site
  • New 12-Year Corp Ground Lease w/ 10% Rent Bump Every 6 Years
  • Located along FM 1960 Bypass Rd W (49K VPD), W of I-69 (136K VPD)
  • Signalized Hard Corner | Outparcel to Deerbrook Mall (1,200,00 S.F)
  • Adjacent to Papasito’s, Wendy’s, Sam’s Club, Walmart, Chick-fil-A, Shell
  • Near State of the Art, Memorial Herman Northeast Hospital (225-Beds)
  • 4.5-Miles NE of George Bush Intercontinental Airport (40M Passengers)
  • Humble is part of Houston Metro – Home to New ExxonMobil H-Campus
  • Major Employers: H-E-B | Memorial Hermann Health Sys | Exxon Mobile
  • 5-Mile Radius: 2018 Est Pop: 130,212 | 5-Mile Avg HH Income: $80,476
  • Greater Houston (MSA) | 6TH Largest in the U.S | Population: 6,892,427