Bank
Bank of America - Early Lease Extension
9460 FM 1960, Humble, TX 77338
Listing Price: $4,064,000
Investment Overview
Regarded as one of the world’s leading financial institutions, Bank of America (NYSE: BAC) serves individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other financial and risk management products and services.
Humble is a city located in the Houston metropolitan area in the northeast quadrant of Harris County, home to nearly 17,000 residents. As a suburb of Houston, Humble is linked economically to the Greater City of Houston region.
Bank of America - Early Lease Extension
Investment Highlights
- Over Nine Years Remaining on Modified Triple-Net (NNN) Lease - Recently Extended and Remodeled, Showing Commitment to the Site
- Annual Rental Increases Through November 2028, with 10 Percent Rental Increases Thereafter and in Each of Four, Five-Year Renewal Options
- Longstanding Site - Tenant has Operated at the Location for 26 Years
- 115,094 Residents within a Five-Mile Radius - Growing Trade Area in the Houston MSA
- Average Household Income Exceeds $83,000 in the Surrounding Area
Listing Price: $4,064,000
Investment Highlights
- Over Nine Years Remaining on Modified Triple-Net (NNN) Lease - Recently Extended and Remodeled, Showing Commitment to the Site
- Annual Rental Increases Through November 2028, with 10 Percent Rental Increases Thereafter and in Each of Four, Five-Year Renewal Options
- Longstanding Site - Tenant has Operated at the Location for 26 Years
- 115,094 Residents within a Five-Mile Radius - Growing Trade Area in the Houston MSA
- Average Household Income Exceeds $83,000 in the Surrounding Area
Investment Overview
Regarded as one of the world’s leading financial institutions, Bank of America (NYSE: BAC) serves individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other financial and risk management products and services. Humble is a city located in the Houston metropolitan area in the northeast quadrant of Harris County, home to nearly 17,000 residents. As a suburb of Houston, Humble is linked economically to the Greater City of Houston region.
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