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- LoopNet Team
7979 Airport Blvd
Houston, TX 77061
SuperPark - Hobby (HOU) Airport -Net Lease · Specialty Property For Sale
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202,236 SF
Property Facts
| Property Type | Specialty | Building Size | 202,236 SF |
| Property Subtype | No. Stories | 3 | |
| Building Class | C | Year Built/Renovated | 1992/2017 |
| Lot Size | 3.00 AC | Parking Ratio | 4.6/1,000 SF |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 3.00 AC |
| Building Size | 202,236 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1992/2017 |
| Parking Ratio | 4.6/1,000 SF |
Amenities
- Signage
About 7979 AIRPORT BLVD , HOUSTON, TX 77061
SuperPark is Net Leased parking garage investment opportunity having 4+ years remaining term with 5% annual increases, located at the entrance to Hobby (HOU) Airport, Houston TX, the 3rd largest Mid-Size airport behind St Louis and Nashville and the 5th fast growing airport in the US (2010-2015) The minimal landlord responsibilities lease is backed by Secure Parking USA and is directly guaranteed by the Australian parent company Auspark Holdings, PTY, Ltd., which is one of the largest parking lot operators in the world. The property has undergone a complete repainting and cleaning of the 1031 parking and all building systems have been fully renovated or replaced including new gates, three brand new Klever Logic Revenue terminals, related network and computer equipment, and various related equipment. Occupancy and rate levels have been increasing year over year. Seller will consider carry back financing - terms and conditions negotiable
Property Taxes
| Parcel Number | 1097870000010 | Improvements Assessment | $6,667,516 |
| Land Assessment | $1,307,240 | Total Assessment | $7,974,756 |
Property Taxes
