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2850 W Baker Rd 6,840 SF 100% Leased Retail Building Baytown, TX 77521 $2,900,000 ($423.98/SF) 6.54% Cap Rate
Executive Summary
Brand new structure at a prime location. Great tenant mixture. Below rents to increase value in near future.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,840 SF
Building Class
C
Year Built
2019
Price
$2,900,000
Price Per SF
$423.98
Cap Rate
6.54%
NOI
$189,743
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.67 AC
Zoning
n/a
Parking
35 Spaces (5.12 Spaces per 1,000 SF Leased)
Frontage
105’ on W Baker
Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
40/100
Nearby Major Retailers
CommunityBank of Texas
Property Taxes
| Parcel Number | 1388710010001 | Improvements Assessment | $2,259,271 |
| Land Assessment | $146,120 | Total Assessment | $2,405,391 |
Property Taxes
Parcel Number
1388710010001
Land Assessment
$146,120
Improvements Assessment
$2,259,271
Total Assessment
$2,405,391
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2850 W Baker Rd
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