CA Buyer Picks Up Net-Leased Service King in Rosenberg
STRIVE, a recent Texas winner in Connect Media’s annual Top Broker Awards, recently completed the sale of a Service King in the Houston suburb of Rosenberg, TX. The property, which has been operating as a collision repair shop for nearly 40 years, has a long-term net lease in place.
Situated on Avenue H in Rosenberg, the property sits in a growing area of the town. The population has increased 31% in the past few years, with another 19% of growth projected by 2023.
The property is also less than half a mile from Lamar Consolidated High School, while surrounding national retailers include Walmart Supercenter, Fiesta, Dollar General, McDonald’s, CVS Pharmacy, McCoy’s Building Supply, Planet Fitness and Walgreens, among others.
STRIVE’s Kyle Rozell represented both the seller, an investor from Texas, and the buyer, an investor from the Los Angeles area. Additional terms of the sale weren’t disclosed.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).