Listed by Realm Real Estate Professionals
$1,800,000
Strong ROI Fully Occupied Shopping Center on S Post Oak Rd
Details
APN 6250-01-000-0102-907
Property Type Retail
Sub Type Shopping Center
Square Footage 10,052
NOI $144,820
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 2
Price per SqFt $179
Broker Co-Op Yes
Class C
Year Built 1987
Year Renovated 2002
Buildings 1
Stories 1
Acreage 1.120
Ownership Fee Simple
Sale Condition For sale by owner
Retail | 10,052 SF
Marketing description
10,052 square feet , 1.12 acres of land. The Property is currently 100% occupied
Close proximity to Beltway 8 and very busy Post oak area.
The Property benefits from an outstanding set of demographics including a population of 31,115, and an average household income of over $52,800 in 77053 Zip code (Source Esri)
Investment highlights
Prime Retail Opportunity Available on S Post Oak Rd!
Annual gross rents $178200
Property tax $15709
Property Insurance: $11371
100 % leased
10,052 Square Feet
1.12 Acres
New Roof March 2023
High traffic area on S Post Oak Rd
Excellent visibility from the road
Listing Contacts
Listed by Realm Real Estate Professionals
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,820.00
$12,068.33/mo
Valuation Metrics
0
DSCR
8.05%
Cap Rate
8.05%
ROI
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