$790,000
506 Houston Boulevard
Details
Property Type Retail, Industrial
Sub Type Grocery Store, Auto Shop
Square Footage 6,434
Units 4
NOI $51,600
Occupancy 100%
Tenancy Multi
Lease Type Gross
Year Built 1950
Buildings 6,434
Stories 1
Acreage 0.490
Ground Lease No
Sale Condition 1031 exchange
Grocery-Anchored Retail Center | For Sale | $790,000
Marketing description
Rare Value-Add Investment Opportunity
Fully leased retail center located on a high-visibility corner at Houston Blvd & Kansas Ave in South Houston, Texas. This 100% occupied multi-tenant property offers stable cash flow, strong frontage, and an established neighborhood location.
Interested in owning your own grocery business while building equity instead of paying rent to a landlord? This property provides a unique owner-user and investment opportunity.
For More Information:
📞 281-690-1173
Investment highlights
Highlights:
- 100% Occupied Retail Center
- Corner Lot Location
- Strong Visibility & Accessibility
- Established Tenant Base
- Under $800,000 Asking Price
- Owner-User Potential
For More Information:
📞 281-690-1173
Listing Contacts
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
$51,600.00
$4,300.00/mo
Valuation Metrics
0
DSCR
6.53%
Cap Rate
6.53%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
