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Kuykendahl Center 15967 Kuykendahl 4,519 SF Vacant Retail Building Houston, TX 77068 $1,675,000 ($370.66/SF) 7.50% Cap Rate
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.
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
Building Size
4,519 SF
Building Class
C
Year Built
1980
Price
$1,675,000
Price Per SF
$370.66
Cap Rate
7.50%
NOI
$125,625
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.00 AC
Zoning
N/Ap, County
Parking
12 Spaces (2.66 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Johnson Gt
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Johnson Gt | Retailer | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0420880000075 | Improvements Assessment | $675,065 |
| Land Assessment | $367,812 | Total Assessment | $1,042,877 |
Property Taxes
Parcel Number
0420880000075
Land Assessment
$367,812
Improvements Assessment
$675,065
Total Assessment
$1,042,877
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Kuykendahl Center | 15967 Kuykendahl