2730 Gessner Road | Houston, TX 77080
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2730 Gessner Road
Houston, TX 77080
Regions Bank in Houston, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Ground Lease- zero landlord responsibilities for operating or capital expenses
- Attractive Rent Increases – lease features 10% rent increases every 5 years in the primary term and options, providing a hedge against inflation
- Regions Bank (NYSE: “RF”) has over 1,300 banking offices and 2,000 automated teller machines with over $6.22 billion in annual revenue
- Corporate Backed Long-Term Lease- Regions Bank signed a new 20-year lease which commenced in 2020, leaving approximately 18 years remaining
- Investment Grade Credit- Regions Bank is rated “BBB+” by Standard & Poor’s
- Positioned Along Area’s Main Retail and Traffic Corridor – excellent access and visibility along Gessner Road (30,888 VPD) and Kempwood Drive
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
1,500 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.86 AC
Zoning
Commercial
Parking
28 Spaces
AMENITIES
- Drive Thru
- Accent Lighting
- Monument Signage
PROPERTY TAXES
| Parcel Number | 1501790010001 | Improvements Assessment | $661,175 |
| Land Assessment | $1,309,630 | Total Assessment | $1,970,805 |
PROPERTY TAXES
Parcel Number
1501790010001
Land Assessment
$1,309,630
Improvements Assessment
$661,175
Total Assessment
$1,970,805
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