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Property ID:
6410
Property Type: GROUND
LEASE
| Location: |
6410
Hwy 6
Missouri City, TX 77459 |
| Area Market: |
Pad site positioned in
front 500,000 s.f. Power center anchored by: TARGET, HOME DEPOT, KOHL’S, and LIFETIME
FITNESS at the entrance to River Stone master planned community located in
the
very desirable SW Houston
|
| Land Area: |
One (1) Acre |
| Building Size:
|
4,025 sq.
ft. |
|
Lease Term: |
15 year
primary term with rental rate increases years 6 and 11; Four (4) options to renew at 5 yrs. Each with approximately 5%
rental increases every 5 years. |
| Lease Type: |
Net Ground
Lease (Landlord maintains common area, tenant
contributes to CAM). |
|
Commencement: |
September 26,
2005 |
| Annual Rent: |
$122,400 |
| Sales Price: |
$2,448,000 |
|
| Contact: |
713.587.0002 |
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For information please
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