1805 W 18th St | Houston, TX 77008
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- LoopNet Team
1805 W 18th St
Houston, TX 77008
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Dak & Bop is operating under a 10-year Absolute NNN Lease which features an upcoming 10% rent increase in 2024 and two (2) 5-year options
- Property was renovated in 2019, providing the opportunity to acquire a high-quality asset with low capital expenditures moving forward
- Population in the immediate area is one of the densest parts of the city, with more than 448,000 residents within 5 miles - an 18% increase from 2011
- Prime Frontage on W 18th Street with Exposure to 29,277 VPD | Located less than 1 mile Southeast of the 610 Loop
- The Average household income within a 3-mile radius of the Property is $139,241 which is more than 28% higher than the Houston average
- Bounded by the 610 Loop, I-10 and I-45, the Property is strategically positioned within minutes of Houston’s largest commercial districts
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,938 SF
Building Class
B
Year Built
1976
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.51 AC
Zoning
Unrestricted
Parking
23 Spaces (7.83 Spaces per 1,000 SF Leased)
Frontage
59’ on 18th St
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 0892360000016 | Improvements Assessment | $537,192 |
| Land Assessment | $220,000 | Total Assessment | $757,192 |
PROPERTY TAXES
Parcel Number
0892360000016
Land Assessment
$220,000
Improvements Assessment
$537,192
Total Assessment
$757,192
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