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Bank

Wells Fargo (Ground Lease)

6907 Farm to Market 1960 Rd W, Houston, TX 77066

Listing Price: $4,000,000

Cap Rate
8.65%
Tenant Name
Wells Fargo
Years Remaining On Lease
1.6
Gross SF
4,064
Guarantor
Corporate Guarantee
Rentable SF
4,064
Price/Gross SF
$984.25
Lease Type
Ground Lease
Rent Per Square Feet
$85.15

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Wells Fargo in Houston, TX. The property consists of a 4,064-square-foot, freestanding building that sits on approximately 0.96 acres of land. There are 1.6 years remaining on the lease with 10% rental increases every five years.

Investment Highlights

  • Corporate Ground Lease With 1.6 Years Remaining
  • Above-Average Consumer Deposits
  • Wells Fargo has Been Operating at This Location More Than 18 Years
  • Excellent Access and Visibility on High Trafficked Retail Corridor, Where Traffic Counts Exceed 46,712 VPD

Exclusively Listed By

Financing By

Bank

Wells Fargo (Ground Lease)

Listing Price: $4,000,000

Cap Rate
8.65%
Tenant Name
Wells Fargo
Years Remaining On Lease
1.6
Gross SF
4,064
Guarantor
Corporate Guarantee
Rentable SF
4,064
Price/Gross SF
$984.25
Lease Type
Ground Lease
Rent Per Square Feet
$85.15

Investment Highlights

  • Corporate Ground Lease With 1.6 Years Remaining
  • Above-Average Consumer Deposits
  • Wells Fargo has Been Operating at This Location More Than 18 Years
  • Excellent Access and Visibility on High Trafficked Retail Corridor, Where Traffic Counts Exceed 46,712 VPD

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Wells Fargo in Houston, TX. The property consists of a 4,064-square-foot, freestanding building that sits on approximately 0.96 acres of land. There are 1.6 years remaining on the lease with 10% rental increases every five years.

Exclusively Listed By

Financing By

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