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34562373
34562374

300 Texas 332, Lake Jackson, TX 77566 For Sale

GL
TX TX 419197
Marcus & Millichap - Houston
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston
$5,997,000
1 day on market
Updated 1 day ago

300 Texas Highway 332

Details
Property Type Retail
Sub Type Bank, QSR/Fast Food (+1)
Square Footage 10,000
Net Rentable (SqFt) 10,000
Units 4
Cap Rate 6.5%
NOI $389,810
Occupancy 100%
Tenancy Multi
Brand/Tenant Aspen Dental, T-Mobile (+2)
Lease Type NNN
Rent Bumps Yes
Lease Options Yes
Price per SqFt $600
Class B
Year Built 2014
Acreage 1.660
Zoning COM
Investment Type Stabilized
Tenant Credit Credit Rated, Franchisee
Ground Lease No
Sale Condition For sale by owner

Listing Contacts

GL
TX TX 419197
Marcus & Millichap - Houston
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$389,810.00
$32,484.17/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Gus Lagos
License
TX 419197
Name
Alex Wolansky, CCIM
License
TX 702899
Brokerage Phone
7134524200
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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