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21343114
21343129

2301 Garth Rd, Baytown, TX 77520

RM
TX 468974, TX0328624
Internet Property.Com Inc
Listed by Internet Property.Com Inc
$499,000
1370 days on market
Updated 1 day ago
Opportunity zone

2301 Garth Rd Baytown, Texas

Details
Property Type Retail
Sub Type Storefront
Units 1
Cap Rate 6.01%
NOI $30,000
Occupancy 100%
Tenancy Single
Lease Type Gross
Remaining Term 1
Pro-Forma Cap Rate 10.02%
Pro-Forma NOI $50,000
Broker Co-Op No
Year Built 2001
Buildings 1
Lot Size (SqFt) 12,000
Zoning General Commercial
Investment Type Owner/User
Tenant Credit Credit Rated
Occupancy Date 08/31/2022
Ownership 100%

Baytown Texas Retail Center or Automobile Business Lot on Garth Road! Opportunity Zone!

Marketing description

Garth Road Retail!!! High traffic count and near several other franchise businesses!! This property has been an auto lot since 2001. It is currently leased for $2500 a month. The concrete is in good shape and the building is a 27x10 modular building that has been there since 2001. It serves it purpose in the current state. This property was developed in 2001 and has been a successful car dealership since. There are two entrances. The lot lots work. It has one bathroom and an open floor plan office that has one divider wall. There is a video on YouTube and can be seen by typing the address 2301 Garth Baytown. Great place open a business or just a buy, keep and hold. It has a proven track record and it looks just like the pictures and video.

832 434 7788

Investment highlights

  • The property has been previously leased for 10 years+. The property is currently leased.

Listing Contacts

RM
TX 468974, TX0328624
Internet Property.Com Inc
Listed by Internet Property.Com Inc

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Loan Amount
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Annual Cash Flow
$30,000.00
$2,500.00/mo

Valuation Metrics

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DSCR
6.01%
Cap Rate
6.01%
ROI

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