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319 Tidwell Rd 12,975 SF 100% Leased Retail Building Houston, TX 77022 $2,200,000 ($169.56/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent visibility
- 100% LEASED
- 500' of frontage on Tidwell
- Elevated signage on the corner
- Excellent value add opportunity as rents are below market
EXECUTIVE SUMMARY
100% leased NNN retail center with long term tenant's and excellent visibility along Tidwell. Tremendous value add potential as most tenant's are at below market rates. There is a multi-family 99 unit senior community project under construction immediately across the street on Tidwell (estimated completion date of Spring 2026). There is also a large multi-family consisting of 220 units immediately behind this center. Fantastic investment with property management in place.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,975 SF
Building Class
C
Year Built/Renovated
1995/2014
Price
$2,200,000
Price Per SF
$169.56
Cap Rate
6%
NOI
$132,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.18 AC
Frontage
210’ on Tidwell
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1245610010001 | Improvements Assessment | $1,244,656 |
| Land Assessment | $1,000,540 | Total Assessment | $2,245,196 |
PROPERTY TAXES
Parcel Number
1245610010001
Land Assessment
$1,000,540
Improvements Assessment
$1,244,656
Total Assessment
$2,245,196
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319 Tidwell Rd
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