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United Lone Enterprises
2404 E Wallisville Rd, Highlands, TX
Property Information
Price Summary
$ 5,266,670
Cap Rate
7.5 %
NOI
$ 395,000
Total Lot Size
0.93 Acres
Building Size
4,195 SF
Property Highlights
- United Lone Enterprises Backed C-Store in Highlands, TX (Houston MSA)
- Long Term Absolute NNN Lease With Annual Increases
- 19 Years Remaining With 2% Annual Rental Increases
- Situated on Corner Lot With 3 Separate Access Points
- Explosive Growth in Region – Population Has Increased Over 50% Since 2010 Within 5 Miles of Subject Property
- 75,000 Residents Within 5 Miles
- Fee Simple Ownership Qualifying for Bonus Depreciation
- United Lone Enterprises
- 2404 E Wallisville Rd, Highlands, TX 77562
Point of Contact
Cody Crist
Partner/Senior Director
Eric Kelley
Director
Matt Davis
Partner
Chance Hales
Partner
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