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RaceTrac

1069 Edgebrook Dr, Houston, TX 77034

Listing Price: $3,234,000

Cap Rate
5.60%
Tenant Name
RaceTrac
Years Remaining On Lease
9.70
Gross SF
3,002
Guarantor
Corporate Guarantee
Rentable SF
3,002
Price/Gross SF
$1,077.28
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$60.34

Investment Overview

Major retailers surrounding RaceTrac include Bank of America, Chase, McDonald's, Burger King, TGI Friday's, Olive Garden, Floor & Decor, Macy's, Walmart, Kroger, Sam's Club, Home Depot, 2hr Fitness, and Many Others. RaceTrac is in an exceptionally dense location with over 144,900 people living within a 3-Mile radius with an Average Household Income of over $57,700

Investment Highlights

  • NNN RaceTrac located at 1069 Edgebrook Drive, Houston, Texas. Edgebrook Drive (35, 574 VPD) is directly off of Exit 35 on I-45 (156,697 VPD)
  • Subject property has a GLA of 3,002 SF and is situated on a 1.45-Acre Lot.
  • 10 years remaining in the base term of a NNN lease with 7.50% increases every 5 years.

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

  • Michael Kook

    Licensed Associate Real Estate Broker

    (212) 430-5169

    Email Michael

    License(s): NY: 10301216047, NY: 10491208242

    Manhattan

Financing By

Listing Price: $3,234,000

Cap Rate
5.60%
Tenant Name
RaceTrac
Years Remaining On Lease
9.70
Gross SF
3,002
Guarantor
Corporate Guarantee
Rentable SF
3,002
Price/Gross SF
$1,077.28
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$60.34

Investment Highlights

  • NNN RaceTrac located at 1069 Edgebrook Drive, Houston, Texas. Edgebrook Drive (35, 574 VPD) is directly off of Exit 35 on I-45 (156,697 VPD)
  • Subject property has a GLA of 3,002 SF and is situated on a 1.45-Acre Lot.
  • 10 years remaining in the base term of a NNN lease with 7.50% increases every 5 years.

Investment Overview

Major retailers surrounding RaceTrac include Bank of America, Chase, McDonald's, Burger King, TGI Friday's, Olive Garden, Floor & Decor, Macy's, Walmart, Kroger, Sam's Club, Home Depot, 2hr Fitness, and Many Others. RaceTrac is in an exceptionally dense location with over 144,900 people living within a 3-Mile radius with an Average Household Income of over $57,700

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

  • Michael Kook

    Licensed Associate Real Estate Broker

    (212) 430-5169

    Email Michael

    License(s): NY: 10301216047, NY: 10491208242

    Manhattan

Financing By

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