HUM GAS 3hum gas 2

NEED ADDRESS: CALL / TEXT 832-305-7653

Sale Notes

  •  Great C-Store and Office Opportunity for the right buyer – Approximately 13,000 SF of office/retail space and 3,000 SF of C-Store with 4 MPDs with EMV system, built 2009 – 5,565 SF of retail is recently leased at $1.37 PSF for first five years then increasing to $2.25 PSF;
  • Medical office tenant – 14%+ PROFORMA – Cap rate for buyer who fills the retail space with tenants at current market rental rates –
  • C-Store Sales – $50K/month Inside and 25K gallons/month fuel sales, –
  • Jobber contract expires in 2020 –
  • Deli could be re-opened –
  • Store has gaming machines but sales not available –
  • Lease on 5,565 SF of office space is at $93,111/year (gross lease) for first 5 years with tenant option to renew at $150,255/year ($2.25 PSF Gross Lease) –
  • If new owner can lease out space at current market rate of $20 PSF + NNN, should get about $300,000 in net rent/year after tenant renewal –
  • Excellent corner location with about 91,360 vehicles per day and about 13,100 vehicles per day on Main St. –
  • Current 2017 Harris County appraised value of $1,376,296.00, real estate only; does not include business valuation – Non-Disclosure Agreement required to get full details. Do not talk with the store employees about store being for sale

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