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1210 Federal Rd
Houston, TX 77015
AutoZone (Ground Lease Just Extended) · Retail Property For Sale
Investment Highlights
- Corporate Guaranteed Ground Lease W/ Zero Landlord Responsibility – Early 10 Year Lease Extension Just Executed Extending the Initial Term to 11 Years
- Placer.ai Ranks Store in 84th Percentile for Texas and 81st Percentile Nationally
- Two 5-Year Options With 12% Rent Increases at Each Option – 17+ Years Historical Occupancy
- Corner Lot at Signalized Intersection - 1.01-Acre Parcel and Just Blocks South of Interstate 10
- AutoZone Benefits From Exposure to Over 19,200 Cars Daily and Two Access Points Allowing Customers Easy Ingress and Egress
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,840 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.01 AC
Zoning
None
Property Taxes
| Parcel Number | 1261580010001 | Improvements Assessment | $771,077 |
| Land Assessment | $663,045 | Total Assessment | $1,434,122 |
Property Taxes
Parcel Number
1261580010001
Land Assessment
$663,045
Improvements Assessment
$771,077
Total Assessment
$1,434,122
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