658 Aldine Mail Rte RdHouston, TX 77037

For Sale
$3,900,000

High-Traffic Location, Multi-Building Complex

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully operational, 100% occupied automotive shop in Houston, TX. The property encompasses 107,955 square feet of land, featuring three buildings with a total of 9,580 net rentable square feet across two stories. The Class A property boasts twelve vehicle bays, ample parking (30 spaces), and a substantial inventory of equipment included in the sale price of $3,900,000. This includes a frame machine, alignment computer, brake rotators, lifts, office furniture, tools, and storage. The property benefits from a prime location on a high-traffic road, with F1-Real Commercial zoning allowing for significant development potential. The existing buildings offer immediate income generation, complemented by a strong 20% cap rate and a one-year remaining lease term on a NNN basis. The property features an electric fence, is well-ventilated, air-conditioned, and well-lit. A clear title and no outstanding liens ensure a smooth transaction. This turnkey operation presents a rare chance to acquire a thriving business and valuable real estate in a desirable Houston location. The included equipment and existing rental income significantly enhance the investment potential. Don't miss this opportunity to acquire a high-performing asset with substantial upside.

Highlights

  • Fully operational, 100% occupied automotive shop in Houston, TX.
  • 9,580 net rentable square feet across two buildings on a 107,955 square foot lot.
  • Twelve vehicle bays, 30 parking spaces, and substantial included equipment (lifts, alignment computer, etc.).
  • $3,900,000 sale price with a 20% cap rate.
  • Prime location on high-traffic Aldine Mail Route with F1-Real Commercial zoning.

Property Details for 658 Aldine Mail Rte Rd

Property type
Other retail properties, Automotive properties
Square Feet
107,955 SF
Class
A
Buildings
3
Stories
2

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.90207724
Longitude
-95.38805006
658 Aldine Mail Rte Rd, Houston, Texas

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658 Aldine Mail Rte Rd
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