8615 Hufsmith Rd | Tomball, TX 77375
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8615 Hufsmith Rd
Tomball, TX 77375
ALDI Tomball Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Secured-Essential Business Ground Lease
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
17,887 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.56 AC
Zoning
None
Parking
59 Spaces (3.3 Spaces per 1,000 SF Leased)
ABOUT 8615 HUFSMITH RD , TOMBALL, TX 77375
20-year ground lease (primary) with four, five-year options leased to an ALDI grocery store situated on the site. Initial term expires 10-31-2036 and the option period expires 10-31-2056 totaling 40 years. A leader in the grocery retailing industry, ALDI operates 11,234 stores worldwide; with more than 1,900 U.S. stores in 36 states and a plan to grow to 2,500 U.S. stores by 2022.
PROPERTY TAXES
| Parcel Number | 1329960010001 | Improvements Assessment | $2,692,640 |
| Land Assessment | $1,192,923 | Total Assessment | $3,885,563 |
PROPERTY TAXES
Parcel Number
1329960010001
Land Assessment
$1,192,923
Improvements Assessment
$2,692,640
Total Assessment
$3,885,563
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