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Floor & Decor | Houston MSA 18840 Highway 59 79,684 sq ft Retail Property Humble, TX 77338 £10,363,960 (£130.06/sq ft) 6.25% Net Initial Yield



INVESTMENT HIGHLIGHTS
- PASSIVE NNN LEASE: Minimal landlord responsibilities limited to roof & structure, all other expenses are reimbursed by tenant
- TEXAS TAX BENEFITS: Located in Texas a state with no personal or corporate income tax which enhances overall investor yield and long-term return
- HOUSTON MSA: Humble is a thriving Houston suburb and benefits from a growing population, robust employment, and a diverse economy
- NATIONALLY RECOGNIZED TENANT: Floor & Decor is a leading specialty retailer with over 250 warehouse-format stores and design studios across 38 states
- STRATEGIC LOCATION: Positioned among large destination retailers with excellent visibility and access to major highways
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Floor & Decor is a leading specialty retailer and commercial flooring distributor of hard-surface flooring, offering what they believe to be the industry’s broadest in-stock selection of tile, wood, laminate, vinyl, and natural stone flooring. In addition, Floor & Decor stocks the necessary tools, decorative materials and related accessories for one-stop shopping for hard-surface flooring projects. Floor & Decor sources directly from manufacturers around the globe to bring the world’s best and most-innovative flooring to its customers, at everyday low prices. Its large, warehouse-format stores typically stock many products. The company was founded in 2000 and is headquartered in Atlanta, Ga.
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1416570010001 | Improvements Assessment | £5,413,540 |
| Land Assessment | £1,775,987 | Total Assessment | £7,189,526 |
PROPERTY TAXES
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Floor & Decor | Houston MSA | 18840 Highway 59
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