Department Store
Floor & Decor | Expanding Corporate Tenant | Tax-Free State | Houston MSA
18840 US-59, Humble, TX 77338
Listing Price: $13,960,640
Investment Overview
This passive NNN investment opportunity features a long term lease, with minimal landlord responsibilities, limited to roof and structure. Floor & Décor is a nationally recognized specialty retailer, with a strong corporate presence and a rapidly expanding footprint of more than 250 warehouse-format stores and design studios across 38 states. The asset is strategically positioned in a high-traffic Humble retail corridor surrounded by major destination retailers, offering excellent visibility, seamless highway access, and steady regional retail demand. The local market benefits from Humble’s continued population growth, robust employment base, and diversified economy, providing a solid foundation for long-term tenant performance and stability. Investors also benefit from Texas’s no personal or corporate income tax environment, further enhancing overall yield and long-term return potential.
Investment Highlights
- PASSIVE NNN LEASE: Minimal landlord responsibilities limited to roof & structure, all other expenses are reimbursed by tenant
- NATIONALLY RECOGNIZED TENANT: Floor & Decor is a leading specialty retailer with over 250 warehouse-format stores and design studios across 38 states
- TEXAS TAX BENEFITS: Located in Texas a state with no personal or corporate income tax which enhances overall investor yield and long-term return potential
- STRATEGIC LOCATION: Positioned among large destination retailers with excellent visibility and access to major highways and strong regional retail demand
- RESILIENT MARKET FUNDAMENTALS: Humble is a thriving Houston suburb and benefits from a growing population, robust employment, and a diverse economy, supporting steady retail performance and tenant stability
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Department Store
Floor & Decor | Expanding Corporate Tenant | Tax-Free State | Houston MSA
Listing Price: $13,960,640
Investment Highlights
- PASSIVE NNN LEASE: Minimal landlord responsibilities limited to roof & structure, all other expenses are reimbursed by tenant
- NATIONALLY RECOGNIZED TENANT: Floor & Decor is a leading specialty retailer with over 250 warehouse-format stores and design studios across 38 states
- TEXAS TAX BENEFITS: Located in Texas a state with no personal or corporate income tax which enhances overall investor yield and long-term return potential
- STRATEGIC LOCATION: Positioned among large destination retailers with excellent visibility and access to major highways and strong regional retail demand
- RESILIENT MARKET FUNDAMENTALS: Humble is a thriving Houston suburb and benefits from a growing population, robust employment, and a diverse economy, supporting steady retail performance and tenant stability
Investment Overview
This passive NNN investment opportunity features a long term lease, with minimal landlord responsibilities, limited to roof and structure. Floor & Décor is a nationally recognized specialty retailer, with a strong corporate presence and a rapidly expanding footprint of more than 250 warehouse-format stores and design studios across 38 states. The asset is strategically positioned in a high-traffic Humble retail corridor surrounded by major destination retailers, offering excellent visibility, seamless highway access, and steady regional retail demand. The local market benefits from Humble’s continued population growth, robust employment base, and diversified economy, providing a solid foundation for long-term tenant performance and stability. Investors also benefit from Texas’s no personal or corporate income tax environment, further enhancing overall yield and long-term return potential.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division