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1140 Eldridge Pky
Houston, TX 77077
Enclave on Eldridge · Retail Property For Sale
Investment Highlights
- BELOW MARKET RENTS
- STRONG TRAFFIC EXPOSURE
- DIRECT SERVICING OF HOUSTON’S AFFLUENT MEMORIAL NEIGHBORHOOD
- QUALITY SERVICE-BASED TENANT ROSTER
- POSITIONED IN THE HEART OF HOUSTON’S 2ND LARGEST EMPLOYMENT DISTRICT
- STICKY TENANTS
Executive Summary
FOR SALE: Seasoned Multi-Tenant Retail Center with National/Regional Tenancy | Direct Servicing of Houston's Affluent Memorial Neighborhood & Energy Corridor
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
20,617 SF
Building Class
B
Year Built
2008
Price
$10,750,000
Price Per SF
$521.41
Cap Rate
6.06%
NOI
$651,688
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
2.63 AC
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,701,732 | |
| Land Assessment | $2,864,400 | Total Assessment | $7,566,132 |
Property Taxes
Parcel Numbers
Land Assessment
$2,864,400
Improvements Assessment
$4,701,732
Total Assessment
$7,566,132
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