Listed by Marcus & Millichap - Houston
$5,997,000
300 Texas Highway 332
Details
Property Type Retail
Sub Type Bank, QSR/Fast Food
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
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
Listed by Marcus & Millichap - Houston
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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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