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200 Highway 332 E
Lake Jackson, TX 77566
MULTI TENANT RETAIL CENTER & RITE AID PORT. · Retail Property For Sale
Investment Highlights
- Not Available Individually - Properties Must be Acquired as a Portfolio.
- Ideal 1031 Exchange Replacement Property - Higher Yield Opportunity with Strong Cash Flow.
- Attractive Assumable Debt at 4.77% Comparative to the Current Interest Rate Environment - 7.12% Cash on Cash Return.
- Diversification: Multi Tenant Retail Center located in Texas as well as Two Rite Aid locations in New York.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
B
Year Built
2014
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.65 AC
Zoning
Commercial - Commercial
Parking
80 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
Property Taxes
| Parcel Number | 6341-0001-001 | Improvements Assessment | $2,348,940 |
| Land Assessment | $937,310 | Total Assessment | $3,286,250 |
Property Taxes
Parcel Number
6341-0001-001
Land Assessment
$937,310
Improvements Assessment
$2,348,940
Total Assessment
$3,286,250
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