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11950 Tx-6 Hwy 5,408 SF 100% Leased Retail Building Santa Fe, TX 77510 $1,000,000 ($184.91/SF) 6.43% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Frontage on Tx-6 Hwy

EXECUTIVE SUMMARY

Building Size: +/- 5,317 SF
Land Size: +/- 0.41 AC
Occupancy Rate: 100%
Approx. Miles: 10.4 (HWY 45), 19.2 (Galveston), 42.8 ( The Galleria), 20.2 (Pearland), 11 (Alvin), 25.6 (Hobby Airport)

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,408 SF
Building Class
B
Year Built
1975
Price
$1,000,000
Price Per SF
$184.91
Cap Rate
6.43%
NOI
$64,300
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.41 AC
Parking
20 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
140’ on 16th St

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

NEARBY MAJOR RETAILERS

CrossFit
Super Foodtown

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1100-0018-0012-000
Land Assessment
$35,720
Improvements Assessment
$838,280
Total Assessment
$874,000
  • Listing ID: 35008580

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 11950 Tx-6 Hwy, Santa Fe, TX 77510

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