PNC Bank for Sale in Humble, TX
Humble, TX
Key Investment Metrics
Price
$3,369,000
Cap Rate
4.8%
Net Operating Income
$160,000
Building Size
3156 SF
Land Area
0.62 Acres
Remaining Term
15.3 years
Lease Expiration
04/30/2041
Lease Term
15 years
Lease Commencement
04/29/2026
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
1993
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years, In Primary Term & Options
Property overview
PNC Bank in Humble
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,156 SF
- Land area
- 0.62 acres
- Year built
- 1993
- Lease type
- Absolute NNN
- Lease expiration
- 04/30/2041
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.