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River Oaks Collection 1705 W Gray St 15,503 SF 90% Leased 4-Star Retail Building Houston, TX 77019 $12,250,000 ($790.17/SF) 6.35% Cap Rate
Investment Highlights
- The property is situated in River Oaks, one of Houston’s most prestigious neighborhoods, surrounded by upscale businesses and wealthy individuals.
- Co-tenant mix featuring quick service dining and high end real estate services.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,503 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2005
Price
$12,250,000
Price Per SF
$790.17
Cap Rate
6.35%
NOI
$777,875
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.36
Lot Size
1.00 AC
Zoning
None
Parking
68 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
100’ on West Gray Street
Amenities
- Pylon Sign
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,500 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,500 SF | Retail | - | Now |
1st Floor
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0370940010001 | Improvements Assessment | $2,050,917 |
| Land Assessment | $4,139,435 | Total Assessment | $6,190,352 |
Property Taxes
Parcel Number
0370940010001
Land Assessment
$4,139,435
Improvements Assessment
$2,050,917
Total Assessment
$6,190,352
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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River Oaks Collection | 1705 W Gray St
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