Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 2013 Veteran’s Memorial Parkway, located in Huntsville, Texas. This offering presents an opportunity to acquire a 10,233-square-foot, single-tenant retail property situated on approximately 2.65 acres and leased to Collateral Protection Partnership, Ltd. under an Absolute Triple-Net lease. Offered at $3,252,248, the property is priced at a 7.25 percent cap rate and $318 per square foot. The lease runs through June 30, 2030 with current monthly base rent of $19,649 increasing to $20,633 beginning July 1, 2028. Built in 2019, the property is strategically located approximately 1.30 miles from Interstate 45, the primary north-south thoroughfare serving Huntsville, and approximately 10 minutes from Downtown Huntsville. The property’s proximity to Interstate 45 provides convenient regional access while maintaining close proximity to the city’s downtown core.