1603 Spencer Hwy | South Houston, TX 77587
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1603 Spencer Hwy
South Houston, TX 77587
Fiesta Mart · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 22 Years of Historical Occupancy | 12 Years of Remaining Term
- 10% Rent Escalations Every Five Years | Four (4) 5-Year Renewal Options
- Marketed as a “Hispanic-focused supermarket”, Fiesta caters to an immediate area population that is more than 85% Hispanic
- NNN Lease with Minimal Landlord Responsibilities | Replaceable Rents Provide Low Downside Risk for Investors
- Located at a signalized intersection, Fiesta bene?ts from exposure to 61,000 vehicles per day and seven (7) ingress/egress points
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
76,972 SF
Building Class
C
Year Built
1982
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.25
Lot Size
6.98 AC
Parking
400 Spaces (2.91 Spaces per 1,000 SF Leased)
Frontage
691’ on Spencer Hwy
AMENITIES
- Banking
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 0341930000119 | Improvements Assessment | $6,335,397 |
| Land Assessment | $2,432,400 | Total Assessment | $8,767,797 |
PROPERTY TAXES
Parcel Number
0341930000119
Land Assessment
$2,432,400
Improvements Assessment
$6,335,397
Total Assessment
$8,767,797
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
