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18434 W Airport Blvd
Richmond, TX 77407
Affluent Houston Area Jiffy Lube · Retail Property For Sale

Investment Highlights

  • Absolute NNN Lease Jiffy Lube MultiCare
  • Attractive 10% Rental Increases Every 5 Years Throughout the Lease
  • .90 Acre Parcel Near Intersection of W Airport Blvd and Grand Pkwy Toll Road With Combined Daily Traffic Counts Exceeding 56,000
  • 11 Years Remaining on the Original Lease
  • Corporately Guaranteed Lease - Jiffy Lube International (2,000+ Locations - Subsidiary of Shell Oil Company)
  • Exploding Demographics - 230,000+ Residents Within 5 Miles of Subject Property

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,140 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.92 AC
Zoning
F1 - Real Commercial
Parking
32 Spaces (2.65 Spaces per 1,000 SF Leased)
Frontage
153’ on West Airport Boulevard

Property Taxes

Property Taxes

Parcel Number
0096-00-000-0202-907
Land Assessment
$575,990
Improvements Assessment
$846,856
Total Assessment
$1,422,846
  • Listing ID: 29298588

  • Date on Market: 8/17/2023

  • Last Updated:

  • Address: 18434 W Airport Blvd, Richmond, TX 77407

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