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Retail Showroom Facility 14902 North Fwy

12,420 SF 100% Leased Retail Building Houston, TX 77090 For Sale

Investment Highlights

  • Net Operating Income (NOI): $167,193
  • Tenant: RumbleOn (NASDAQ: RMBL), a publicly traded national retailer
  • Gross Leasable Area (GLA): 12,420 square feet
  • Lease Terms: 5/1/24 to 4/30/27 Triple net lease.

Executive Summary

This prime retail property is strategically located off North Freeway (US-45), offering excellent visibility and accessibility in a high-traffic area with significant daily vehicle volume. The property is situated in a thriving area with strong demographics, a growing population, and increasing demand for retail services. Its convenient access to major highways and nearby amenities enhances its appeal. With RumbleOn, a stable and reputable national tenant, this investment presents a compelling opportunity to secure a high-quality asset providing consistent income and the potential for long-term appreciation.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,420 SF
Building Class
B
Year Built
2008
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.33
Lot Size
0.86 AC
Zoning
none
Parking
49 Spaces (3.95 Spaces per 1,000 SF Leased)

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

RideNow Powersports has long been revered by industry leaders as the largest and most professionally operated Powersports dealer group in the U.S.A. They pride themselves on bringing quality vehicles, service, and experience to the communities we serve. RideNow got their start in 1983, operating a small Honda dealership out of a corner space in Chandler, Arizona. At a time when the industry was sagging following the collapse of the 3 wheel ATC market, there was much unknown about how a little dealer would survive when losing one of their most popular products relying only on sales & service of lawn gear, garden equipment, generators, and event bicycles. Eventually, it was decided that they were going to drop all non-Powersports products and focus on the fun; the core of their business. Turns out that was a bold decision that eventually turned out to be a great one. The Powersports industry came back with new and exciting vehicles and they never looked back.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

Cracker Barrel Old Country Store
Black Bear Diner
Pappasito's Cantina
PNC Bank
Saltgrass Steak House
Checkers Drive-in Restaurant
La Michoacana Meat Market
Buffalo Wild Wings
Olive Garden
  • Listing ID: 34322515

  • Date on Market: 2024-12-30

  • Last Updated:

  • Address: 14902 North Fwy, Houston, TX 77090

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