Listed by Phifer & Associates Inc
Unpriced
Hemphill Portfolio 5
Details
APN 02814676 02814668
Property Type Retail
Sub Type Salon
Square Footage 5,724
Net Rentable (SqFt) 5,724
Units 1
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 7.2
Remaining Term 3.2
Rent Bumps Yes
Pro-Forma Cap Rate 8.00%
Year Built 1962
Year Renovated 2021
Buildings 1
Stories 1
Lot Size (SqFt) 22,500
Zoning Commercial
Parking Spaces 32 spaces
Parking Per SqFt 5.59
Retail | 5,724 SF
Marketing description
A beautifully renovated 5,724 sq. ft. retail building located along Hemphill between Magnolia and Berry with easy access to TCU, Near Southside, and The Medical District. Property is leased to a salon since December 1, 2021.
Investment highlights
Seven years lease that expires 1/31/2029 with multiple Lease Guarantees.
Listing Contacts
Listed by Phifer & Associates Inc
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