Listed by Caldwell Companies Houston, Caldwell Companies The Woodlands
$5,600,000
House Hahl Road
Details
Property Type Mixed Use, Retail
Sub Type specialty
Square Footage 14,250
Net Rentable (SqFt) 14,250
Cap Rate 5.86%
NOI $328,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Fins Swim School, Ollin Athletics
Lease Type NNN
Lease Term 10
Remaining Term 10
Lease Options (2) 5 –year options
Class A
Year Built 2015
Investment Type Net Lease
Mixed Use | 5.86% CAP | 14,250 SqFt
Marketing description
Fins is an established local business that has been operating since 2000 with multiple locations - very profitable and steadily growing, this is their best performing location.. Triple Net (NNN) Lease - 10 years (2 years remaining) with (2) 5 –year options.
Ollin is a reputable sports medicine clinic catering to professional and elite athletes in the Houston area. 1 Year remaining on the lease.
Recent Construction - The building is one of several in a complex offering multiple family services. It was constructed in 2015 and features an indoor pool, large gym, and outdoor football/soccer field.
Excellent retail location near US 290 and Grand Parkway with a captive audience being at the “backdoor” to Bridgeland's, Towne Lake, and Blackhorse master planned communities. The subject property has signage rights on House Hahl to provide more visibility.
Listing Contacts
Listed by Caldwell Companies Houston, Caldwell Companies The Woodlands
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$328,000.00
$27,333.33/mo
Valuation Metrics
0
DSCR
5.86%
Cap Rate
5.86%
ROI
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