Floor & Decor NNN Property For Sale — Humble, TX
18840 US-59, Humble, TX 77338
This Floor & Decor property presents a compelling triple net lease investment opportunity in Humble, Texas, a thriving Houston suburb. The asset features a large 79,684 square foot building on 5.49 acres, strategically located with excellent visibility and access to major highways. The lease structure includes minimal landlord responsibilities, primarily limited to roof and structure, with the tenant reimbursing all other expenses. Floor & Decor is a nationally recognized, publicly traded specialty retailer with a strong track record of growth and over 250 warehouse-format stores across the U.S. Located in Texas, investors benefit from the state's lack of personal or corporate income tax. The Houston MSA offers robust demographics, corporate growth, and a diversified economy, ensuring a s…
- Address: 18840 US-59, Humble, TX 77338
- Asking price $13.96M
- 6.25% cap rate
- NOI $872,540
- 8.1 years remaining
- NNN lease
Asset type: Retail