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Browse More Listings in Retail For Sale, Houston, TX or Texas

Retail Property For Sale

Jumbo Seafood Restaurant

718 E Tidwell, Houston, TX 77022

Price:
$1,300,000
Building Size:
6,300 SF
Price/SF:
$206.35
Property Type:
Retail
Property Sub-type:
Restaurant
Additional Sub-types:
Retail Pad
Strip Center
Specialty Center
Property Use Type:
Net Lease Investment with 3 years left on lease
Cap Rate:
6.50%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2002
Lot Size:
1.19 AC
Find Out More...

Last Verified 10/14/2009 Listing ID 15130080

Highlights

Income Producing Investment
Recent Construction 2002
100% Occupancy

Lease expires 2011 with Renewal Options
Rent below Market, Upside Potential

Description

The property was built in 2002, contains a 6,300 SF building improved on a 1.1917 acres of land. It is currently leased to a single tenant, Jumbo seafood restaurant.

Great 1031 Exchange Property

The subject is located approximately ten miles north of the Houston Central Business District. The principal thoroughfares that affect the subject are Interstate 45, Airline, Tidwell, and Hardy Toll Road.

Financial Summary

Major Tenant Information

Actual
Year
2007
Effective Gross Income
$84,000
Net Operating Income
$84,000

Tenant	SF Occupied	Lease Expired
Jumbo Seafood	6,300	12/1/2011

Map of 718 E Tidwell, Houston, TX 77022 (Harris County)

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Texas Real Estate World

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Contact Listing Broker

Jeng Liang (281) 265-3797

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Created 5/9/2007

Additional Information for 718 E Tidwell Road, Houston, TX 77022

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Jumbo Seafood Restaurant

718 E Tidwell, Houston, TX, 77022