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1025 Crabb River Rd
Richmond, TX 77469
Retail Property For Sale
PROPERTY FACTS
ABOUT 1025 CRABB RIVER RD , RICHMOND, TX 77469
The property is leased to Goodwill Industries of Houston, a Houston-based subsidiary of the Goodwill Industries corporation. The subsidiary has approximately 108 locations throughout the Greater Houston area and employs 1,700+ individuals. The remaining base term of the ground lease is ±13 years and includes 10% rent increases every 5 years during the initial base lease term and the 3, 5-year option periods. The lease is NNN that includes a management fee of 4% of rental income and limited landlord responsibilities including: foundation, walls, roof, and exterior plumbing and electrical.
PROPERTY TAXES
| Parcel Number | 2245-02-000-0013-901 | Improvements Assessment | $2,195,183 |
| Land Assessment | $760,987 | Total Assessment | $2,956,170 |
PROPERTY TAXES
