Description
Three commercial lots together total approximately 21,000 sq ft. and have frontage to Red Bluff Rd. Perfect space to build in a high-visibility area and with fast access to major roads like The Beltway 8 and Pasadena Freeway.Note: The billboard currently on the property is under a lease agreement. The lease term is 15 years, ending in 2038. The lease rate is $3,600 annually for the first seven years and $4,700 annually for years 8 through 15.To terminate the lease, 90 days notice is required before the expiration date; otherwise, the lease will automatically extend for another 15 years under the same terms and conditions.Please feel free to contact me if you have any questions.
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0BEDS
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0.48ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Three commercial lots together total approximately 21,000 sq ft. and have frontage to Red Bluff Rd. Perfect space to build in a high-visibility area and with fast access to major roads like The Beltway 8 and Pasadena Freeway.Note: The billboard currently on the property is under a lease agreement. The lease term is 15 years, ending in 2038. The lease rate is $3,600 annually for the first seven years and $4,700 annually for years 8 through 15.To terminate the lease, 90 days notice is required before the expiration date; otherwise, the lease will automatically extend for another 15 years under the same terms and conditions.Please feel free to contact me if you have any questions.