Listed by Monarch Commercial Advisors
$5,205,000
Clearwood Crossing
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 15,763
Cap Rate 7.29%
NOI $379,565
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $330
Class A
Year Built 2016
Acreage 1.350
Parking Spaces 86 spaces
Parking Per SqFt 5.46
Ground Lease No
Retail | 7.29% CAP | 15,763 SqFt
Marketing description
This family-focused retail strip is strategically located in one of Houston's most dynamic metros along I-45 and boasts a lineup of corporate and regional tenants with long operating histories. With a seamless "play, shop, eat" experience, the center features a strong tenant mix, including Kids Empire, La Monarca, World Finance, and Little Caesars. Situated in a dense neighborhood just 3 miles from William P. Hobby Airport, this property offers a strong foundation and a low management burden.
Investment highlights
- Strategic Location with Exceptional Connectivity
- Quality Tenants with Proven Success
- Family-Focused Tenant Synergy
- Supported by High-Profile Co-Tenants
- Durable Construction & Low Management Burden
- Part of Houston's Thriving Metroplex
Listing Contacts
Listed by Monarch Commercial Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$379,565.00
$31,630.42/mo
Valuation Metrics
0
DSCR
7.29%
Cap Rate
7.29%
ROI
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