


18300 W. Airport Blvd
Richmond, TX
Price:
$4,298,122
Cap Rate:
6.00% CAP
NOI:
257887
Ownership Type:
Fee Simple
Building Size:
4465
Lot Size:
0.92
Lease Type:
Absolute NNN
Term Remaining:
17.7
Rent Increases:
1.5% Annually
Lease Options:
4, 5-Year
Guarantor:
Corporate
The subject property is a freestanding single tenant auto service investment 100% leased to Service Street Tire & Auto Repair, which is part of the Sun Auto Network family of brands. The lease is absolute NNN with no landlord management or maintenance obligations
The Service Street Auto & Tire Service brand was acquired by Sun Auto Network in 2026 as part of Sun Auto Network’s acquisition of Drive Automotive Services. The Sun Auto Network family of brands consists of 50+ auto servicers with a network of over 600 locations spanning 26 states. Sun Auto Network was ranked #5 by Modern Tire Dealer’s Top 100 brands in 2025
Nationally-recognized tenants in the immediate trade area include Costco, Target, Dick’s Sporting Goods, H-E-B Grocery, Hobby Lobby, Starbucks, Marshall’s, Old Navy, Barnes & Noble, Burlington, Ross Dress for Less, At Home, LA Fitness, PetSmart, Petco, Chili’s, Shake Shack, Sprouts Farmers Market, CAVA, Bojangles, Raising Cane’s, Portillo’s, and many more. Richmond, Texas is an affluent submarket of Houston with excellent demographics having average household incomes of $154,771 within a 1-Mile radius of the subject property Richmond, TX has seen exceptional population growth of approximately 15% since 2010 and continues to expand rapidly, with 3.7% annual growth from 2020-2025
Senior Managing Director, Investments
(925) 989-8198
jason.hernandez@marcusmillichap.com
Senior Associate
(203) 962-2042
jack.oneill@marcusmillichap.com
Associate
(901) 612-0515
jackson.lyons@marcusmillichap.com