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- LoopNet Team
14807 Woodforest Blvd
Channelview, TX 77530
Auto Zone · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- AutoZone: #278 in Fortune 500 S&P BBB Rating Investment Grade
- Over 12 Years remaining on initial lease term
- 8% Percent Increases every Five (5) Years
- Excellent Traffic Counts - Over 20,000 Cars per Day on Wood Forest Drive
PROPERTY FACTS
ABOUT 14807 WOODFOREST BLVD , CHANNELVIEW, TX 77530
The Auto Zone property is a 6,486 Square Foot concrete building built in 2001 and remodeled in 2016. This is a double net lease (Landlord responsible only for roof and structure) offered at a 4.5% Cap Rate with 12 years remaining on the lease term. Minimal maintenance is required with 8% increases every Five (5) years during the initial term and the three, five-year option periods. The AutoZone is in a proven trade area at 14807 Woodforest Blvd in Channelview, TX with easy access from the Interstate I-8 Freeway.
PROPERTY TAXES
| Parcel Number | 1135670000061 | Improvements Assessment | $725,760 |
| Land Assessment | $73,440 | Total Assessment | $799,200 |
PROPERTY TAXES
