17211 North Fwy, Houston, TX 77090

Choose nearby businesses to show on the map:

Building Details:

EXP Realty Advisors exclusively presents for sale a 109,000 square foot freestanding retail facility on 8.8 acres of land including a .75 acre undeveloped pad site that has been subdivided and is available for sale or lease. The tenant recently exercised two of their renewal options to maintain a below market rent of $4.85/sf. The pad site is included in the sale and has an approximate value of $500,000 or $75,000/yr on a rental basis. Floor & Decor has operated in this location since 2002 (10+ years). Over $1.5 million of renovations were made to the property in 2012 including paving and resurfacing of the parking lot, new parking lot lighting, new landscaping, and a new roof over much of the building. Roof work included the removal of existing roofing and corrugated metal roof decking. New dens-deck gypsum board substrate and rigid insulation were installed to the new roof. A new (2) ply modified bituminous membrane roof system was installed over these areas. Several roof drains were re-flashed and replaced as well.

The Property is located at the intersection of North Freeway (I-45) and Overland Trail, on the off-ramp from Cypress Creek Parkway (FM1960) in Houston, Texas. Interstate-45 is the main highway into downtown Houston, and the main route that connects the cities of Houston and Dallas, Texas. FM1960 is the loop road around Houston. The property is located in a dense retail corridor, surrounded by such tenants as PetSmart, Kroger, Babies R Us, GNC, Goodwill, Wells Fargo bank, McDonald's, Subway, Quiznos, Texas Roadhouse, Red Lobster, AT&T, T Mobile, Hooters, and David's Bridal. Other notable nearby destinations include the Houston Northwest Medical Center, located just 4 miles away, and the George Bush Intercontinental Airport, located just 12 miles away.