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Sean Harman Kyle Fischer 713.332.8213 713.332.8215 [email protected] [email protected] For More Information Please Contact: 15835 Park Ten Place, Suite 150 | Houston, TX 77084 The information contained herein was obtained from sources believed reliable; however, Belvoir Real Estate Group, LLC. makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation on this property is submitted subject to errors, omission, changes of price, or conditions, prior to sale or lease, or withdrawal without notice. PROPERTY HIGHLIGHTS Asking Price: $675,000 Cap Rate: 7.5% Absolute NNN Currently Operating Auto Dealership Tenant is Currently Paying $1,500 Per Month, Starting May 2019 Will Pay $2,500 Per Month Mechanic/Body Shop Currently Being Built on the Back Half of the Property Mechanic/Body Shop Rent: $2,200 Per Month. Both Tenants Will Agree to 5 Year Lease PROPERTY OVERVIEW Multi- tenant, investment property for Auto Dealership and Mechanic/Body Shop. Great Corner Lot With High Traffic Volume. Land has great future potential for multiple investment types. EXECUTIVE SUMMARY 102 Allen Street, South Houston, TX 77587 MULTI TENANT AUTO DEALERSHIP AND BODY SHOP

MULTI TENANT AUTO DEALERSHIP AND BODY SHOP · 15835 Park Ten Place, Suite 150 | Houston, TX 77084 The information contained herein was obtained from sources believed reliable; however,

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Page 1: MULTI TENANT AUTO DEALERSHIP AND BODY SHOP · 15835 Park Ten Place, Suite 150 | Houston, TX 77084 The information contained herein was obtained from sources believed reliable; however,

Sean Harman Kyle Fischer713.332.8213 [email protected] [email protected]

For More Information Please Contact:

15835 Park Ten Place, Suite 150 | Houston, TX 77084The information contained herein was obtained from sources believed reliable; however, Belvoir RealEstate Group, LLC. makes no guarantees, warranties or representations as to the completeness oraccuracy thereof. The presentation on this property is submitted subject to errors, omission, changesof price, or conditions, prior to sale or lease, or withdrawal without notice.

PROPERTY HIGHLIGHTS

• Asking Price: $675,000

• Cap Rate: 7.5% Absolute NNN

• Currently Operating Auto Dealership

• Tenant is Currently Paying $1,500 PerMonth, Starting May 2019 Will Pay$2,500 Per Month

• Mechanic/Body Shop Currently BeingBuilt on the Back Half of the Property

• Mechanic/Body Shop Rent: $2,200 PerMonth.

• Both Tenants Will Agree to 5 YearLease

PROPERTY OVERVIEW

Multi- tenant, investment property for Auto Dealership andMechanic/Body Shop. Great Corner Lot With High Traffic Volume.Land has great future potential for multiple investment types.

EXECUTIVE SUMMARY

102 Allen Street, South Houston, TX 77587

MULTI TENANT AUTO DEALERSHIP AND BODY SHOP

Page 2: MULTI TENANT AUTO DEALERSHIP AND BODY SHOP · 15835 Park Ten Place, Suite 150 | Houston, TX 77084 The information contained herein was obtained from sources believed reliable; however,

Sean Harman Kyle Fischer713.332.8213 [email protected] [email protected]

For More Information Please Contact:

15835 Park Ten Place, Suite 150 | Houston, TX 77084The information contained herein was obtained from sources believed reliable; however, Belvoir RealEstate Group, LLC. makes no guarantees, warranties or representations as to the completeness oraccuracy thereof. The presentation on this property is submitted subject to errors, omission, changesof price, or conditions, prior to sale or lease, or withdrawal without notice.

ADDITIONAL PHOTOS

102 Allen Street, South Houston, TX 77587

MULTI TENANT AUTO DEALERSHIP AND BODY SHOP

Page 3: MULTI TENANT AUTO DEALERSHIP AND BODY SHOP · 15835 Park Ten Place, Suite 150 | Houston, TX 77084 The information contained herein was obtained from sources believed reliable; however,

Sean Harman Kyle Fischer713.332.8213 [email protected] [email protected]

For More Information Please Contact:

15835 Park Ten Place, Suite 150 | Houston, TX 77084The information contained herein was obtained from sources believed reliable; however, Belvoir RealEstate Group, LLC. makes no guarantees, warranties or representations as to the completeness oraccuracy thereof. The presentation on this property is submitted subject to errors, omission, changesof price, or conditions, prior to sale or lease, or withdrawal without notice.

LOCATION MAPS

102 Allen Street, South Houston, TX 77587

MULTI TENANT AUTO DEALERSHIP AND BODY SHOP

Page 4: MULTI TENANT AUTO DEALERSHIP AND BODY SHOP · 15835 Park Ten Place, Suite 150 | Houston, TX 77084 The information contained herein was obtained from sources believed reliable; however,

Sean Harman Kyle Fischer713.332.8213 [email protected] [email protected]

For More Information Please Contact:

15835 Park Ten Place, Suite 150 | Houston, TX 77084The information contained herein was obtained from sources believed reliable; however, Belvoir RealEstate Group, LLC. makes no guarantees, warranties or representations as to the completeness oraccuracy thereof. The presentation on this property is submitted subject to errors, omission, changesof price, or conditions, prior to sale or lease, or withdrawal without notice.

POPULATION 1 MILE 3 MILES 5 MILES

Total population 14,294 142,367 331,160

Median age 30.4 28.8 29.8

Median age (Male) 29.8 28.3 29.4

Median age (Female) 31.7 29.6 30.3

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 4,336 44,014 103,590

# of persons per HH 3.3 3.2 3.2

Average HH income $52,554 $44,336 $48,040

Average house value $103,847 $91,663 $100,392

* Demographic data derived from 2010 US Census

DEMOGRAPHICS MAP & REPORT

102 Allen Street, South Houston, TX 77587

MULTI TENANT AUTO DEALERSHIP AND BODY SHOP