- For Sale $1,729,000
- Property Type Retail - Street Retail
- Property Size 2,575 SF
- Lot Size 0.67 Acre
- Building Class B
- Year Built 2004
- Date Updated May 8, 2026
Description
Discover the ideal location for retail investment at the vibrant 739 N Sam Houston Pkwy E, Houston, TX, 77060. Situated in the heart of the bustling North market, this area boasts a prime position for retail and street retail investors. Nearby, the Greenspoint Mall, Northborough Plaza, and North Belt Village offer a multitude of shopping and dining opportunities, attracting a steady flow of potential customers. With its proximity to major highways and a thriving local community, the area presents an enticing opportunity for retail businesses to thrive.Introducing a prime investment opportunity in the thriving North area – a well-maintained ±2,575 SF building set on ±0.67 acres of land. Built in 2004 and zoned NZ, this property features a lease with Jack in the Box, Inc., offering an absolute NNN lease type. With a lease commencement date of May 5, 2006, and a lease expiration date of May 4, 2029, including a three (5) year renewal option and rent increases every (5) years, this investment yields a strong NOI of $99,384.48 and an attractive cap rate of 5.75%.
Highlights
- ±0.67 Acres
- ±2,575 SF building
- Built in 2004
- Cap rate is 5.75%
- Lease commencement date is May 5, 2006
- Lease expiration date is May 4, 2029
- NOI is $99,384.48
- Rent increases every (5) years, historical increases of 8%
- Roof and structure: Tenant
- Three (5) year renewal options
False
Contacts
Patrick Wolford
Lee & Associates
Location
Located at 739 N Sam Houston Pkwy E, Houston, TX 77060, this property is part of the Greater Greenspoint neighborhood and Houston market.
Contact Listing Broker
Patrick Wolford
Lee & Associates