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22763092
22763093

9404 W Sam Houston Pkwy S, Houston, TX 77099

JN
TX 511634
J Hunter Properties
Listed by J Hunter Properties
$6,840,767
454 days on market
Updated 1 day ago

West Belt Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 19,240
Net Rentable (SqFt) 19,240
Cap Rate 6.25%
NOI $410,851
Occupancy 93.24%
Tenancy Multi
Lease Type NNN
Year Built 2006
Year Renovated 2022
Buildings 1
Stories 1

Retail | 6.25% CAP | 19,240 SqFt

Marketing description

• West Belt Center is an irreplaceable asset located just off West Sam Houston Parkway South and Elmsworth Drive.

• Strong retail submarket between two Grocery Anchors and numerous national credit tenants including AT&T, Food Town, HEB, T-Mobile,

Walmart, and more.

• Excellent ingress and egress to West Sam Houston Tollway, great visibility from Beltway 8, and close proximity to Southwest Freeway.

• Surrounded by dense residential, apartments, offices and schools.

• One of the most diverse areas in Houston; rich in cuisine and shopping with strong Asian, Latin, and African influences.

• The Property is within 30 minutes of The Galleria, Downtown Houston, Bush Intercontinental Airport (IAH), and Hobby International Airport (HOU) via Beltway 8 and Interstate 69.

Investment highlights

Shopping Center

  • Lot Size 2.31 Acres

  • Year Built 2006

  • Building Size 19,240 SF

  • Re-roof 2020

  • Renovated 2022

  • NOI $407,251

  • Cap Rate 6.25%

  • Price $6,516,025

Land

  • Lot Size 0.5259 Acres

  • Price $1,000,000

Listing Contacts

JN
TX 511634
J Hunter Properties
Listed by J Hunter Properties

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$410,851.00
$34,237.58/mo

Valuation Metrics

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DSCR
6.01%
Cap Rate
6.01%
ROI

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