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3010 Highway 30 W
Huntsville, TX 77340
Parkwood Square Center + IHOP Ground Lease · Retail Property For Sale
Investment Highlights
- Major growth corridor with expansive commercial development
- National Credit Tenants occupy 49% of the Center
- Roof replaced 2022 and warrantied through 2037. Retail Strip was repainted in the Fall of 2022.
- Regional Retail Location - close proximity to Target, Walmart, Kroger, Marshall's, Harbor Freight, Hobby Lobby, HEB, and many others
- IHOP has operated 23+ years at this location. IHOP's annual rent represents 37% of the Property's base annual rent, creating a very stable cash flow.
- Additional Upside with lease-up of the 2,404-square foot vacancy
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,269 SF
Building Class
C
Year Built/Renovated
1999/2022
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.28 AC
Zoning
F1 - Commercial
Parking
86 Spaces (6.03 Spaces per 1,000 SF Leased)
Frontage
228’ on US 30
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
- Smoke Detector
Property Taxes
| Parcel Number | 38221 | Improvements Assessment | $1,195,200 |
| Land Assessment | $444,900 | Total Assessment | $1,640,100 |
Property Taxes
Parcel Number
38221
Land Assessment
$444,900
Improvements Assessment
$1,195,200
Total Assessment
$1,640,100
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