Listed by CBRE - Houston Galleria, CBRE Group Inc.
$3,080,000
Shoppes on Sawdust
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 9,615
Net Rentable (SqFt) 9,615
Units 36
Cap Rate 6.50%
NOI $200,255
Occupancy 100%
Tenancy Multi
Class B
Year Built 1979
Year Renovated 2019
Acreage 0.780
Parking Spaces 36 per 1,000 sq ft
Ground Lease No
100% Leased | 9,615 SF in The Woodlands
Marketing description
Seasoned Retail Center in Coveted Woodlands-Houston Submarket | Rents ~50% Below Market
Investment highlights
- BELOW MARKET RENTS
- ESTABLISHED TENANCY
- MINIMAL DEFERRED MAINTENANCE
- MINIMAL ROLLOVER EXPOSURE
- STRATEGICALLY POSITIONED NEAR MULTIPLE HIGHLY RANKED SCHOOLS
- LOCATED IN THE COVETED WOODLANDS SUBMARKET, ONE OF THE MOST SOUGHT AFTER MARKETS IN HOUSTON
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
$200,255.00
$16,687.92/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
Map
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?
