Auto Parts
Crash Champions (Absolute Net Lease)
7323 N Grand Pkwy, Spring, TX 77379
Listing Price: $5,422,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Crash Champions in Spring, TX. The property consists of a 13,831-square-foot, freestanding building that sits on approximately 1.47 acres of land. There are 12.7 years remaining on the lease with 10% rental increases every five years.
Crash Champions (Absolute Net Lease)
Investment Highlights
- Absolute Net Lease With 12.7 Years Remaining & 10 Percent Rent Increases Every 5 Years
- Corporate Guaranty From a National Operator With 600+ Locations
- 2020 Construction Freestanding Building on an Oversized 1.47-Acre Parcel
- Excellent Frontage on Grand Parkway (83,214 VPD)
- Thriving North Houston Submarket – 233,000 Residents Within 5 Miles (58 Percent Growth Since 2010; +5.2 Percent Projected Through 2029)
- Dense Retail Corridor Anchored by Grand Parkway Marketplace
- Surrounded by Major Residential and Master-Planned Developments
Exclusively Listed By
Listing Price: $5,422,000
Investment Highlights
- Absolute Net Lease With 12.7 Years Remaining & 10 Percent Rent Increases Every 5 Years
- Corporate Guaranty From a National Operator With 600+ Locations
- 2020 Construction Freestanding Building on an Oversized 1.47-Acre Parcel
- Excellent Frontage on Grand Parkway (83,214 VPD)
- Thriving North Houston Submarket – 233,000 Residents Within 5 Miles (58 Percent Growth Since 2010; +5.2 Percent Projected Through 2029)
- Dense Retail Corridor Anchored by Grand Parkway Marketplace
- Surrounded by Major Residential and Master-Planned Developments
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Crash Champions in Spring, TX. The property consists of a 13,831-square-foot, freestanding building that sits on approximately 1.47 acres of land. There are 12.7 years remaining on the lease with 10% rental increases every five years.
Exclusively Listed By
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