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4545 S Sam Houston Pkwy E
Houston, TX 77048
Service King · Retail Property For Sale
Executive Summary
Building Size ± 12,000 SF
Lot Size ± 3.5 AC
Year Built 2006
Parking ±43 Free Surface Spaces
Lease Expiration 3/31/2036
Corporate Guaranty Service King Paint and Body, LLC
Lease Type Absolute NNN (No Landlord Responsibilities)
Lease Commencement October 6, 2015
Lease Expiration March 31,2036
Term Remaining ± 14.5 Years
Rent Escalations 10% Every 5 Years
Option Periods Four (4) Five (5) Year Option Periods
Lot Size ± 3.5 AC
Year Built 2006
Parking ±43 Free Surface Spaces
Lease Expiration 3/31/2036
Corporate Guaranty Service King Paint and Body, LLC
Lease Type Absolute NNN (No Landlord Responsibilities)
Lease Commencement October 6, 2015
Lease Expiration March 31,2036
Term Remaining ± 14.5 Years
Rent Escalations 10% Every 5 Years
Option Periods Four (4) Five (5) Year Option Periods
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Building Class
C
Year Built
2006
Price
$4,500,000
Price Per SF
$375
Cap Rate
4.16%
NOI
$187,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
3.50 AC
Zoning
None
Parking
43 Spaces (3.58 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 0410840000421 | Improvements Assessment | $1,006,904 |
| Land Assessment | $1,129,336 | Total Assessment | $2,136,240 |
Property Taxes
Parcel Number
0410840000421
Land Assessment
$1,129,336
Improvements Assessment
$1,006,904
Total Assessment
$2,136,240
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