Listed by NewQuest Properties
$8,000,000
Classic Station
Details
Property Type Retail
Square Footage 107,757
Cap Rate 9.10%
Occupancy 57.8%
Tenancy Multi
Price per SqFt $74
Year Built 1983
Acreage 5.390
Ground Lease No
Retail | 9.10% CAP | 107,757 SqFt
Investment highlights
- High Traffic: Positioned on Cypress Creek Parkway (52,000+ VPD), benefiting from nearby employment centers and commuters
- Dense Demographics: Population of over 320,000 within 5 miles
- Surrounding Tenants: Located in an established North Houston retail corridor, with nearby national retailers including Kroger, Walgreens, Planet Fitness, Chick-fil-A, and McDonald’s
- Value Add: Opportunity to increase NOI through lease-up & mark-to-market
Listing Contacts
Listed by NewQuest Properties
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