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31086752
31086753

6025 Westheimer Rd, Houston, TX 77057

JL
TX 825925
Matthews
Listed by Matthews
$5,190,000
79 days on market
Updated 70 days ago

Kamp Houston

Details
Property Type Retail
Sub Type Restaurant
Square Footage 5,920
Cap Rate 9.25%
NOI $480,000
Price per SqFt $877
Acreage 0.950

9.25% CAP Rate - Westheimer

Investment highlights

  • Highly Trafficked Street: Located on one of the most heavily trafficked throughfares of Houston this street sees over ±59,000 VPD.

  • Densely Populated Area: Over 500,000 people in a 5-Mile Radius.

  • Strong Retail Corridor: Located next to major retailers like McDonalds, Taco Bell, Hobby Lobby, Goodwill, Academy, REI, Walgreens, Firestone, Raising Canes.

  • Proximity to Shopping Center: Located directly across the street from an ±88,000 SF shopping center.

  • Large Parcel & Parking: Approximately ±0.95 AC in size with 65 parking spaces.

  • High Return Metrics: Coming to market at a 9.25% cap rate.

  • Experienced Operator: The tenant operates seven other concepts throughout Houston.

  • Recent Lease Renewal: Tenant resigned a new lease last year showing commitment to the site.

Listing Contacts

JL
TX 825925
Matthews
Listed by Matthews

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$480,000.00
$40,000.00/mo

Valuation Metrics

0
DSCR
9.25%
Cap Rate
9.25%
ROI

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Additional Information

Name
Patrick Graham
License
9005919, 528005 (TX)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
2699 Howell St., Suite 400, Dallas, TX 75204
Name
Joshua Longoria
License
825925
Brokerage
Matthews Real Estate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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