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Goodturn Tire and Auto 281 Highway 3 S 5,368 SF Retail Building League City, TX 77573 $2,000,000 ($372.58/SF) 6% Cap Rate

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Investment Highlights

Extremely Strong Unit-Level Performance | Robust Guarantee
Excellent Frontage | Near Major Retailers
Income Tax-Free State

Outstanding Demographics in Houston MSA
Affluent Community
Absolute NNN 20-Year Corporate Sale-Leaseback

Executive Summary

Surmount is pleased to present the exclusive listing for a Goodturn Tire and Auto located at 281 State Highway 3, League City, TX 77573. The site consists of roughly 5,368 rentable square feet of building space on an estimated 1-acre parcel of land. Goodturn Tire and Auto is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $120,000 and has scheduled increases of 2.00% Annually.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Building Size

5,368 SF

Year Built

1980

Price

$2,000,000

Price Per SF

$372.58

Cap Rate

NOI

$120,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.12

Lot Size

1.00 AC

Contacts

Alexandre Marietto
James Westerberg
RJ Stein
John McHugh
Glen Kunofsky
Christopher Marks
Surmount

Listing ID: 42020990
Date on Market: 9/2/2026
Last Updated:
Address: 281 Highway 3 S, League City, TX 77573

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Goodturn Tire and Auto | 281 Highway 3 S

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