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2101 Smith St 2101 Smith St 13,783 SF 100% Leased Retail Building Houston, TX 77002 For Sale
Investment Highlights
- In-Place Cash Flow - The Center is 100% Leased with 3.6 year of WALT.
- Highly Accessible Center - The property serves the robust Midtown residential community as well as Downtown commuters.
- Midtown Real Estate with Ample Parking - 3.92 / 1,000 parking ratio, a must-have for attracting high quality tenants.
- Exceptional Demographics - 3-Mile population of 128,000 with average incomes expected to hit $163K in 2030.
Executive Summary
JLL is pleased to bring to market 2101 Smith ("the property") a 13,783 sq ft retail property with stable cashflow. The property is 100% leased to Phenix Salons, T-Mobile, Bank of America, and Starbucks. The asset benefits from its highly accessible infill location with a 3-mile population of 128,500 and $155K avg. household incomes.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,783 SF
Building Class
B
Year Built/Renovated
1962/2020
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.44
Lot Size
0.72 AC
Zoning
None
Parking
54 Spaces (3.92 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Information
- -
-
$9.99
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Lorem Ipsum
-
Jan 0000
T-Mobile began in 1994 as VoiceStream Wireless and later adopted the T-Mobile name after Deutsche Telekom acquired the business. The company provides wireless communications and broadband services, and its business also includes mobile devices, accessories, and expanding fiber-related offerings. T-Mobile maintains a focus on 5G, network capabilities, the mobile web, and the Internet of Things, while the company has achieved continued customer growth across wireless and broadband. T-Mobile also markets services under Metro by T-Mobile, which broadens its presence across consumer wireless segments.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Information | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
2nd Gen End Cap Space
| Space | Size | Space Use | Position | Available |
| 101 | 1,950 SF | Retail | - | 30 Days |
101
| Size |
| 1,950 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
101
| Size | 1,950 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
2nd Gen End Cap Space
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0152370000001 | Improvements Assessment | $3,965,128 |
| Land Assessment | $2,343,750 | Total Assessment | $6,308,878 |
Property Taxes
Parcel Number
0152370000001
Land Assessment
$2,343,750
Improvements Assessment
$3,965,128
Total Assessment
$6,308,878
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