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129 S Fulton St 3,500 SF Retail Building Wharton, TX 77488 $485,000 ($138.57/SF) 12.37% Cap Rate
Executive Summary
Tenant pays for all utilities
Lease ends 1/31/2028
2 Buildings - 129 S. & 133 S. Fulton, Wharton
Lease ends 1/31/2028
2 Buildings - 129 S. & 133 S. Fulton, Wharton
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$5,000
|
$1.43
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$5,000
|
$1.43
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $1.43 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $1.43 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,500 SF
Building Class
C
Year Built
1913
Price
$485,000
Price Per SF
$138.57
Cap Rate
12.37%
NOI
$59,995
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.16 AC
Zoning
Commercial
Parking
8 Spaces (2.29 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Confidential
- Health Care and Social Assistance
- 3,500 SF
- -
- Jan 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Confidential | Health Care and Social Assistance | 3,500 SF | - | Jan 2028 |
Nearby Major Retailers
CommunityBank of Texas
Property Taxes
| Parcel Number | R61057 | Improvements Assessment | $200,300 |
| Land Assessment | $32,773 | Total Assessment | $233,073 |
Property Taxes
Parcel Number
R61057
Land Assessment
$32,773
Improvements Assessment
$200,300
Total Assessment
$233,073
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Presented by
Texas Southern Real Estate
129 S Fulton St
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