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Fat Floyds 206 W Houston St 3,116 SF Retail Building Cleveland, TX 77327 $1,500,000 ($481.39/SF) 5.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy traffic area
- Investment opportunity
- Leased space
EXECUTIVE SUMMARY
Great investment opportunity. Located in a high traffic area with tenant under lease contract. Recently renovated and ready to move!
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
3,116 SF
Building Class
C
Year Built/Renovated
1977/2023
Price
$1,500,000
Price Per SF
$481.39
Cap Rate
5.60%
NOI
$84,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
None
Parking
37 Spaces (11.87 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 000139-000019-000 | Improvements Assessment | $278,690 (2025) |
| Land Assessment | $123,080 (2025) | Total Assessment | $401,770 (2025) |
PROPERTY TAXES
Parcel Number
000139-000019-000
Land Assessment
$123,080 (2025)
Improvements Assessment
$278,690 (2025)
Total Assessment
$401,770 (2025)
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Fat Floyds | 206 W Houston St
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