9710 Bissonnet StHouston, TX 77036

This exceptional investment opportunity presents a 4,489 square foot Bank of America branch located at 9710 Bissonnet St, Houston, TX 77036. The property sits on a 0.98-acre lot and boasts a strong 6.00% cap rate with a current NOI of $126,445. The lease is a Net Lease (NNN) with a corporate guarantee from Bank of America, a tenant with an A- credit rating (S&P 500). The lease has a remaining term of 5.1 years, expiring December 11, 2029, and includes eight five-year renewal options, providing significant long-term income potential. Rent increases by 10% every five years. Built in 2009, the property features five drive-thru lanes, ensuring excellent traffic flow and accessibility. Its prime location on Bissonnet Street, a major thoroughfare with approximately 43,800 vehicles per day, offers exceptional visibility and access to key Houston areas, including the Texas Medical Center and vital business hubs. The property benefits from the Southwest District Revitalization project, a $30 million city initiative to improve Bissonnet Street infrastructure. This project, with a projected timeline of 2-3 years, will further enhance the property's value and desirability. There are no zoning restrictions, allowing for future repositioning or redevelopment possibilities. This is a rare opportunity to acquire a high-quality, net-leased property anchored by a blue-chip tenant in a rapidly growing area of Houston.