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730 W 18th Street

5,200 SF shopping center located in the heights

Listing Contacts

Active

Asking Price: $4,500,000
Address 

730 W 18th St, Houston, TX 77008

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Date Added
Feb 18, 2025
Days on Market
86 days
Time Since Last Update
28 days

Details

Property TypeRetail
SubtypeShopping Center
Investment TypeStabilized
ClassA
Lease TypeNNN
TenancyMulti
Brand/TenantONESWEAT, Blo Dry Bar, Drip Nail Salon
Number of Tenants3
Remaining Term8 years
Square Footage5,200
Net Rentable (sq ft)5,200
Price/Sq Ft$865.38
Cap Rate5.89%
Occupancy100%
NOI$265,210
Units3
Year Built2022
Buildings1
Stories1
ZoningN/A
Lot Size (acres)0.22
Price/Sq Ft (Land Value)$886.99/SF
APN1504350010001
IntelligenceINTELLIGENCE
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Marketing Description

Introducing an exceptional retail investment opportunity in Houston, TX, 77008.​ This prime property boasts a 5,200 SF building with 3 units presenting a strong and reliable income stream for prospective investors.​ Built in 2022, the property offers a well-established presence in the local retail market and provides a solid foundation for further growth and success.​ Its strategic location and attractive features make it an ideal choice for investors seeking a lucrative retail investment in the dynamic Houston area.​

There are more than 455,968 residents living within a 5-mile radius and earning an average household income of approximately $156,760.​ The property is adjacent to W 18th St & N Durham Dr which transports over a combined 20,000 cars per day.​

Property Highlights:

  • 5,200 SF building | Built in 2022

  • 100% occupancy

  • Leases signed through 2029 - 2033 with extension options

Investment Highlights

Home Value Growth: Houston Heights homes have nearly doubled in value over 10 years, with a 41% increase in average price per square foot, highlighting the area’s growing appeal to buyers and investors.

Resilient Property Stability: Despite economic challenges, Houston Heights properties have shown strong stability, with a 7% rise in median sales prices over the past year, underscoring the neighborhood’s lasting investment potential.

Soaring Land Values: Land values in Houston Heights have surged 64% over the past decade, climbing from $19 to $32 per square foot, reflecting the area’s increased desirability and real estate prominence.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$265,210.00
$22,100.83/mo

Valuation Metrics

0
DSCR
5.89%
Cap Rate
5.89%
ROI
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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Additional Information
Broker Name
Sam Chang
Broker License
TX 645529
Brokerage Name
Henry S Miller - Houston
Broker Title
Broker
Brokerage Address
900 Threadneedle Street, Houston, United States 77079
Broker Name
Shawn Ackerman
Broker License
TX 462530
Brokerage Name
AFC Realty, LLC
Broker Title
Real Estate Broker
Brokerage Address
900 Threadneedle Street, Houston, United States 77079
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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