6678 Martin Luther King Jr. Blvd - 6678 Martin Luther King Blvd, Houston, TX 77033
For Sale
For Sale
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Year Built
1940
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Overview
The property fronts the west side of Martin Luther King Blvd on the hard corner at MLK and Dieppe. KW Commercial is offering the rare opportunity to acquire the fee simple interest (land and building) in an absolute NNN retail property located in Houston, Texas. The subject property is a standalone building equipped with a drive-up service for both automotive and spirits. There are approximately 4 years remaining on the LT Liquor lease and 1 year remaining on the Alpha Motorwerk & Deisel Repair. Both leases are $300 below market rents and are absolute NNN with almost no management responsibilities. Landlord is only responsible for property taxes. The property is up to code and last year the owner raise the ceiling on the automotive space and put on a new roof.
Property Details
The property fronts the west side of Martin Luther King Blvd on the hard corner at MLK and Dieppe. KW Commercial is offering the rare opportunity to acquire the fee simple interest (land and building) in an absolute NNN retail property located in Houston, Texas. The subject property is a standalone building equipped with a drive-up service for both automotive and spirits. There are approximately 4 years remaining on the LT Liquor lease and 1 year remaining on the Alpha Motorwerk & Deisel Repair. Both leases are $300 below market rents and are absolute NNN with almost no management responsibilities. Landlord is only responsible for property taxes. The property is up to code and last year the owner raise the ceiling on the automotive space and put on a new roof.
- Property TypeRetail
- Submarket
- Year Built1940
- Sale Price$229,995
- Total Building Size3,268RSF
- Sale StatusAvailable
- Property ID1929267