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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
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)
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
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 1100-0018-0012-000 | Improvements Assessment | $838,280 |
| Land Assessment | $35,720 | Total Assessment | $874,000 |
Property Taxes
Parcel Number
1100-0018-0012-000
Land Assessment
$35,720
Improvements Assessment
$838,280
Total Assessment
$874,000
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11950 Tx-6 Hwy
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