Houskor Realty and Management LLC
Listed by Houskor Realty and Management LLC
$2,000,000
10006 & 10008 Homestead Rd
Details
Property Type Retail
Sub Type Storefront, Restaurant
Square Footage 8,712
Cap Rate 4.39%
NOI $87,841
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 5.02%
Pro-Forma NOI $105,441
Year Built 2012
Buildings 1
Lot Size (SqFt) 44,431
Retail | 4.39% CAP | 8,712 SqFt
Marketing description
Premier Houston retail investment opportunity featuring a freestanding drive-thru and retail property at 10006 & 10008 Homestead Rd in Houston, TX 77016. Built in 2012, this 8,712 SF building sits on 44,431 SF of land and is fully leased to three tenants including a BBQ restaurant with drive-thru, a beauty supply store, and an African braiding salon.
Listing Contacts
Houskor Realty and Management LLC
Listed by Houskor Realty and Management LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$87,841.00
$7,320.08/mo
Valuation Metrics
0
DSCR
4.39%
Cap Rate
4.39%
ROI
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