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Pacifica Learning Center 11950 Louetta Rd 4,270 SF Retail Building Houston, TX 77070 $1,266,400 ($296.58/SF) 8.05% Cap Rate
INVESTMENT HIGHLIGHTS
- Property benefits from high visibility with over 23,000 vehicles per day and direct access on Louetta Road with two curb cuts
- Services two school districts, prestigious Cy-Fair ISD and Tomball ISD
- Conveniently situated allowing for easy drop off and pick ups
- Minutes from a high-volume retail corridor with multiple national retailers and well-known upscale Vintage Park
EXECUTIVE SUMMARY
OLDHAM GOODWIN is pleased to present a 4,270 SF NNN leased early learning retail center occupied by Pacifica Learning Center. The building is conveniently situated to service multiple large neighborhood communities including the well-known Lakewood Forest master planned community. The location is one mile away from a high-volume retail corridor area including tenants such as Target and H-E-B and less than five minutes from upscale Vintage Park.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
4,270 SF
Building Class
B
Year Built
1999
Price
$1,266,400
Price Per SF
$296.58
Cap Rate
8.05%
NOI
$102,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.60 AC
Frontage
132’ on Louetta Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1142090000044 | Improvements Assessment | $527,512 |
| Land Assessment | $208,736 | Total Assessment | $736,248 |
PROPERTY TAXES
Parcel Number
1142090000044
Land Assessment
$208,736
Improvements Assessment
$527,512
Total Assessment
$736,248
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Pacifica Learning Center | 11950 Louetta Rd
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