Bank of America NNN Property For Sale — Houston, TX
This Bank of America property presents an exceptional investment opportunity with a corporate lease backed by an A- credit rating (S&P), ensuring strong, stable income. As a leading financial institution, Bank of America maintains a significant presence in Houston, boasting the third-largest deposit base in the city. The property, built in 2009, features five drive-thru lanes for efficient customer service and is strategically located on 0.98 acres along Bissonnet Street, which benefits from high traffic counts (43,800 VPD) and excellent visibility. The surrounding area is part of a multi-million dollar revitalization project for Bissonnet Street, promising future enhancements and increased accessibility. This location offers convenient access to Houston's premier suburban communities, th…
- Asking price $1.79M
- 7.05% cap rate
- NOI $126,445
- 3.7 years remaining
- NNN lease
Asset type: Retail