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Auto Service - Gas-Conv

Sun Auto (Absolute Net Lease)

17710 W Lake Houston Pkwy, Humble, TX 77346

Listing Price: $6,538,000

Cap Rate
6.45%
Tenant Name
Sun Auto
Years Remaining On Lease
7.6
Gross SF
10,548
Guarantor
Corporate Guarantee
Rentable SF
10,548
Price/Gross SF
$619.83
Lease Type
Absolute Net
Rent Per Square Feet
$39.97

Investment Overview

Offered for sale is an Absolute Net leased Sun Auto Tire & Service in Humble, Texas, strategically positioned on a 1.69-acre parcel with excellent access and visibility along West Lake Houston Parkway (31,722 VPD). The site anchors the entrance to The Bridges on Lake Houston, a 750–800 home-site master-planned community, and is surrounded by eight new commercial and medical projects built since 2023. The property is located in the high-growth Atascocita/Humble corridor, supported by 143,455 residents and an average household income of $130,587 within five miles.

Investment Highlights

  • Absolute Net Lease with 7.7 Years Remaining and 10 Percent Rent Increases Every Five Years
  • Anchors the Entrance to The Bridges on Lake Houston, a 750–800 Home-Site Master-Planned Community
  • Eight New Commercial and Medical Projects Built in the Trade Area Since 2023
  • Large 1.69-Acre Parcel | Excellent Access and Visibility on West Lake Houston Parkway (31,722 VPD)
  • High-Growth Atascocita/Humble Corridor Submarket | 143,455 Residents and $130,587 Average Household Income (5-Mile Radius)
  • Five Multifamily Communities Totaling More Than 1,600 Units Built Nearby Since 2018
  • 575+ Location National Tenant Backed by Private Equity Ownership

Exclusively Listed By

Auto Service - Gas-Conv

Sun Auto (Absolute Net Lease)

Listing Price: $6,538,000

Cap Rate
6.45%
Tenant Name
Sun Auto
Years Remaining On Lease
7.6
Gross SF
10,548
Guarantor
Corporate Guarantee
Rentable SF
10,548
Price/Gross SF
$619.83
Lease Type
Absolute Net
Rent Per Square Feet
$39.97

Investment Highlights

  • Absolute Net Lease with 7.7 Years Remaining and 10 Percent Rent Increases Every Five Years
  • Anchors the Entrance to The Bridges on Lake Houston, a 750–800 Home-Site Master-Planned Community
  • Eight New Commercial and Medical Projects Built in the Trade Area Since 2023
  • Large 1.69-Acre Parcel | Excellent Access and Visibility on West Lake Houston Parkway (31,722 VPD)
  • High-Growth Atascocita/Humble Corridor Submarket | 143,455 Residents and $130,587 Average Household Income (5-Mile Radius)
  • Five Multifamily Communities Totaling More Than 1,600 Units Built Nearby Since 2018
  • 575+ Location National Tenant Backed by Private Equity Ownership

Investment Overview

Offered for sale is an Absolute Net leased Sun Auto Tire & Service in Humble, Texas, strategically positioned on a 1.69-acre parcel with excellent access and visibility along West Lake Houston Parkway (31,722 VPD). The site anchors the entrance to The Bridges on Lake Houston, a 750–800 home-site master-planned community, and is surrounded by eight new commercial and medical projects built since 2023. The property is located in the high-growth Atascocita/Humble corridor, supported by 143,455 residents and an average household income of $130,587 within five miles.

Exclusively Listed By

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