Listed by Matthews
$1,700,000
Las Palmas Plaza
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 7,985
NOI $79,033
Occupancy 91%
Tenancy Multi
Price per SqFt $213
Year Built 2016
Acreage 0.420
Ground Lease No
Value-Add Retail Center Near Hobby Airport With 60% Rent Upside
Investment highlights
• 91%+ Occupied | Significant Below-Market Rent With Potential Upside
• Within 9.8 Miles of William P. Hobby Airport
• 326,570+ Residents Within a 5-Mile Radius
• Direct Access to Interstate 45
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,033.00
$6,586.08/mo
Valuation Metrics
0
DSCR
4.65%
Cap Rate
4.65%
ROI
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