3103 Collingsworth St | Houston, TX 77026
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- LoopNet Team
3103 Collingsworth St
Houston, TX 77026
Family Dollar - Houston, Texas · Retail Property For Sale
Investment Highlights
- Houston Texas Family Dollar With Over 6 Years Remaining on Current Term
- Recent Lease Extension - Tenant Signed Early 5 Year Renewal
- Extremely Dense 5-Mile Demographics With Over 365K Residents in a 5-Mile Radius and an Impressive Growth Rate of Over 12% Between 2010-2021
- Limited Landlord Responsibilities - Concrete Parking Lot limiting LL Expenses
- Attractive 10% Rent Increase on 10/1/2023 Bringing the CAP Rate to 6.05% (Assuming List Price Offer)
- Situated 1 Block From I-69 Which Generates Over 180K Vehicles Daily
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,320 SF
Building Class
C
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.10 AC
Zoning
C
Parking
13 Spaces (1.56 Spaces per 1,000 SF Leased)
Frontage
245’ on Collingsworth St
Amenities
- Signage
Property Taxes
| Parcel Number | 1339550010002 | Improvements Assessment | $865,905 |
| Land Assessment | $512,364 | Total Assessment | $1,378,269 |
Property Taxes
Parcel Number
1339550010002
Land Assessment
$512,364
Improvements Assessment
$865,905
Total Assessment
$1,378,269
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