Bank
Wells Fargo (Ground Lease)
6907 Farm to Market 1960 Rd W, Houston, TX 77066
Listing Price: $4,944,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a Wells Fargo ground lease in Houston, Texas. The property consists of a 4,064-square-foot, freestanding building that sits on approximately 0.96 acres of land. There are approximately three years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option, as well as each option thereafter.
Wells Fargo (Ground Lease)
Investment Highlights
- Corporate Ground Lease with Approximately Three Years Remaining
- Above-Average Consumer Deposits - Trending Up Over a Three-Year Period
- Wells Fargo has Been Operating at this Location More than 17 Years
- Excellent Access and Visibility on High Trafficked Retail Corridor, Where Traffic Counts Exceed 46,712 VPD
- Outparcel to a Target in Champions Stonebridge, a 72,020-SF Shopping Center
- More than 304,314 Residents Within a Five-Mile Radius
- High-Growth Market in Northwest Houston - 39% Population Growth Since 2000 Within a 5-Mile Radius
- Highly Affluent Trade Area - Average Household Income Exceeds $94,263 Within a One-Mile Radius
Exclusively Listed By
Financing By
Listing Price: $4,944,000
Investment Highlights
- Corporate Ground Lease with Approximately Three Years Remaining
- Above-Average Consumer Deposits - Trending Up Over a Three-Year Period
- Wells Fargo has Been Operating at this Location More than 17 Years
- Excellent Access and Visibility on High Trafficked Retail Corridor, Where Traffic Counts Exceed 46,712 VPD
- Outparcel to a Target in Champions Stonebridge, a 72,020-SF Shopping Center
- More than 304,314 Residents Within a Five-Mile Radius
- High-Growth Market in Northwest Houston - 39% Population Growth Since 2000 Within a 5-Mile Radius
- Highly Affluent Trade Area - Average Household Income Exceeds $94,263 Within a One-Mile Radius
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a Wells Fargo ground lease in Houston, Texas. The property consists of a 4,064-square-foot, freestanding building that sits on approximately 0.96 acres of land. There are approximately three years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option, as well as each option thereafter.
Exclusively Listed By
Financing By
