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27604607
27604608

9543 Richmond Ave., Houston, TX 77063

LN
TX 771673
HomeSmart
Listed by HomeSmart
$1,200,000
252 days on market
Updated 100 days ago

Shopping Center At Richmond

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 4,000
Net Rentable (SqFt) 4,000
Units 3
Cap Rate 4.50%
Occupancy 100%
Tenancy Multi
Lease Type Gross
Remaining Term 5
Class C
Year Renovated 2024
Buildings 1
Stories 1
Ownership 100%

Great Starter investment property with lots of potential

Marketing description

The High-Visibility, Stable Investment

PRIME RETAIL INVESTMENT: On High-Traffic Richmond Avenue!

Rare opportunity to acquire a rock-solid 4,000 square foot retail center with an unmatched track record of stability. Under the same devoted ownership for over two decades, this property boasts a recently completed exterior renovation that brings a fresh, modern appeal to its high-visibility location.

The center features stable, long-term tenants, with many in place for 20+ years, providing immediate and reliable cash flow. Situated directly on highly-trafficked Richmond Avenue and adjacent to a busy gas station, your tenants will benefit from exceptional daily customer traffic and unparalleled street presence. This is an ideal, low-management asset for any investor seeking predictable income and a prime piece of commercial real estate. Great potential for someone wanting to start in commercial investing

Investment highlights

The High-Visibility, Stable Investment

This option emphasizes the long-term stability and prime location.

PRIME RETAIL INVESTMENT: 4,000 SF on High-Traffic Richmond Avenue!

Rare opportunity to acquire a rock-solid 4,000 square foot retail center with an unmatched track record of stability. Under the same devoted ownership for over two decades, this property boasts a recently completed exterior renovation that brings a fresh, modern appeal to its high-visibility location.

The center features stable, long-term tenants, with many in place for 20+ years, providing immediate and reliable cash flow. Situated directly on highly-trafficked Richmond Avenue and adjacent to a busy gas station, your tenants will benefit from exceptional daily customer traffic and unparalleled street presence. This is an ideal, low-management asset for any investor seeking predictable income and a prime piece of commercial real estate.

Listing Contacts

LN
TX 771673
HomeSmart
Listed by HomeSmart

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Additional Information

Name
Lynda Nguyen
License
771673
Brokerage
Homesmart
Brokerage Phone
346-296-8003
Title
Real Estate Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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