Listed by CBRE - Houston Galleria, CBRE Group Inc.
$7,111,407
Gulf Freeway Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 25,640
Net Rentable (SqFt) 25,640
Cap Rate 6.75%
NOI $480,020
Occupancy 100%
Tenancy Multi
Price per SqFt $277
Class A
Year Built 1983
Year Renovated 2022
Stories 1
Acreage 1.850
Ground Lease No
Retail | 6.75% CAP | 25,640 SqFt
Marketing description
NEW TO MARKET: TWO TENANT RETAIL CENTER W/ LONG TERM LEASES IN PLACE | BEST IN CLASS TENANCY | HOUSTON, TX
Investment highlights
BEST IN CLASS, CREDIT TENANCY
SERVICES MAJOR ESTABLISHED HOUSTON SUBMARKET - CLEAR LAKE/WEBSTER
PROXIMITY TO BAYBROOK MALL
FREEWAY FRONTAGE ALONG I-45, HOUSTON’S PRIMARY NORTH-SOUTH THOROUGHFARE
RECENT RENOVATIONS & FAÇADE UPGRADES
Listing Contacts
Listed by CBRE - Houston Galleria, CBRE Group Inc.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$480,020.00
$40,001.67/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
