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418 Highway 90W 418 Highway 90 W 10,620 SF 100% Leased Retail Building Sealy, TX 77474 $1,450,000 ($136.53/SF) 8.34% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully leased for stable and steady income | All Net Leases, 100% Expense Reimbursement
  • Ideal investment for any savvy investor looking to diversify their portfolio
  • Tremendous potential for future growth in booming Houston economy
  • Diverse mix of tenants including popular regional brands and local businesses

EXECUTIVE SUMMARY

Welcome to 418 Highway 90 W, an exceptional shopping center located in the bustling city of Sealy, TX.
Situated in a highly visible and convenient location, this shopping center boasts strong foot traffic and provides an ideal opportunity for businesses to thrive. With an array of well-known brands and local businesses as tenants, this center offers a diverse shopping experience for customers, ensuring high occupancy and steady income.
In addition to the strong investment potential, this property also offers the opportunity for growth and expansion. With its high population density and a thriving economy, Sealy is a prime location for businesses looking to establish or expand their presence. The surrounding area is also undergoing rapid development, making this shopping center an even more desirable investment.
Prime piece of real estate in one of the fastest-growing cities in Texas. With a strong track record of success and a booming community, this shopping center is priced competitively at $1,450,000.00

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,620 SF
Building Class
C
Year Built
1900
Price
$1,450,000
Price Per SF
$136.53
Cap Rate
8.34%
NOI
$120,881
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
0.49 AC
Zoning
C1 - Commercial
Frontage
195’ on U.S. 90

NEARBY MAJOR RETAILERS

Starbucks
Hartz Chicken Buffet
Woodforest National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000014253
Land Assessment
$67,651
Improvements Assessment
$604,058
Total Assessment
$492,013
  • Listing ID: 31049095

  • Date on Market: 2/26/2024

  • Last Updated:

  • Address: 418 Highway 90 W, Sealy, TX 77474

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