United Lone Enterprises

23780 TX-494 Loop, Porter, TX

Property Information

Price Summary

$ 6,204,880

Cap Rate

7.5 %

NOI

$ 465,366

Total Lot Size

0.62 Acres

Building Size

3,960 SF

Eric Kelley

Director

T: (281) 610-5011

Property Highlights

  • Houston MSA United Lone Enterprises in Porter, TX With 19+ Years Remaining on Current Term
  • Bonus Depreciation Eligible
  • Absolute NNN Lease With 12.5% Rent Increases Every 5 Years
  • Hard Corner Lot at a Signalized Intersection With Combined Traffic Counts of Nearly 33,000 Vehicles Passing Daily
  • Situated New Several National Retailers, Including Walmart, Home Depot, Tractor Supply Co., Harbor Freight, Dollar Tree, AutoZone, McDonalds, Starbucks and More, Reinforcing the Area’s Role as a Regional Convenience Hub
  • Affluent Trade Area – $128K+ Average Household Income and Over 131,000 Residents Within 5 Miles
  • Just 27 Miles From Downtown Houston, With MSA Population of 7.5M+ Residents

Point of Contact

Eric Kelley

Director

T: (281) 610-5011

TX #9007104

Cody Crist

Partner/Senior Director

T: (817) 584-2000

TX #697980

Matt Davis

Partner

T: (325) 513-6406

TX# 657251

Branson Blackburn

Managing Partner

T: (682) 233-5223

TX# 611825

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