Listed by Resolut RE Houston
$799,000
HEB & Walmart Shadow Anchored freestanding Building
Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 3,119
Net Rentable (SqFt) 3,119
Units 1
Tenancy Single
Lease Expiration 12/31/2026
Pro-Forma Cap Rate 9.50%
Pro-Forma NOI $80,000
Price per SqFt $288
Year Built 1983
Acreage 0.380
Investment Type Owner/User
Retail | 3,119 SqFt
Marketing description
- Prominent retail location situated in HEB parking lot at the side entrance to Walmart
- Ideal visibility and access located at the intersection of Cleveland's highest trafficked streets
- 3,119 SF building located on 0.38 Acres
- Former Pizza Hut building was converted to service retail business
- Existing tenant's lease expires 1/2027 and tenant has no future options
Investment highlights
- Prominent retail location situated in HEB parking lot at the side entrance to Walmart
- Ideal visibility and access located at the intersection of Cleveland's highest trafficked streets
- 3,119 SF building located on 0.38 Acres
- Former Pizza Hut building was converted to service retail business
- Existing tenant's lease expires 1/2027 and tenant has no future options
Listing Contacts
Listed by Resolut RE Houston
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