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Kuykendahl Center 15967 Kuykendahl 16,500 SF 71% Leased Retail Building Houston, TX 77068 $1,675,000 ($101.52/SF) 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Area in Redevelopment Phase
  • Recent Upgrades
  • 100% Occupied

EXECUTIVE SUMMARY

!!NEW PRICE POSITION!!
Kuykendahl Centre consists of 3 Separate Buildings.Recent Neoprene Roofs on each building.
— Second Generation Bar/Restaurant 4,722sf w/500sf Covered Outdoor Patio, 25+ yrs in Business is Negotiable, owner of Bar/Restaurant is owner of this property and is retiring.
— Long Standing Tenant Retail Store 4,100sf w/Separate Fenced & Cover Area
— Neighborhood Center 7,650sf w/5-1,530sf Spaces w/3yr Leases.
200’ Kuykendahl Frontage, Completely Paved, Fenced, 2 Curb Cuts and Monument Sign.
Directly across the street is a New Apartments being Built & the Fiesta Center is being remodeled to Mixed-Retail Center.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
16,500 SF
Building Class
C
Year Built
1980
Price
$1,675,000
Price Per SF
$101.52
Cap Rate
7.50%
NOI
$125,625
Percent Leased
71%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
1.41 AC
Zoning
N/Ap, County
Frontage
200’ on Kuykendahl

AMENITIES

  • Wheelchair Accessible

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Johnson Gt
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Johnson Gt - - - -

NEARBY MAJOR RETAILERS

Bank of America
Rent-a-center
Denny's
Food Town
Bank of Texas
Regions Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0420880000075
Land Assessment
$367,812
Improvements Assessment
$675,065
Total Assessment
$1,042,877
  • Listing ID: 33776789

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 15967 Kuykendahl, Houston, TX 77068

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