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4610 FM 1960 W
Houston, TX 77069
Champions Terrace · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- SUBSTANTIAL UPSIDE OPPORTUNITY | LEASEABLE INLINE VACANCY | LOW RENTS | LACK OF FIXED RATE OPTIONS
- POSITIONED ON MAJOR THOROUGHFARE NEAR HIGHLY TRAFFICKED SIGNALIZED INTERSECTION
- HISPANIC DRIVEN TENANT ROSTER CATERING TO SURROUNDING DEMOGRAPHICS
- DIRECTLY ACROSS FROM REGIONAL POWER CENTER & SURROUNDED BY NATIONAL RETAILERS
- DENSE CONSUMER BASE
EXECUTIVE SUMMARY
Low Rents | Dense Consumer Base | Major Thoroughfare Seeing 50,000 VPD
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
31,900 SF
Building Class
C
Year Built
1982
Price
$4,000,000
Price Per SF
$125.39
Cap Rate
8.34%
NOI
$333,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
2.00 AC
Zoning
N/Ap, Houston
Parking
75 Spaces (2.35 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 0440420000625 | Improvements Assessment | $969,056 |
| Land Assessment | $871,200 | Total Assessment | $1,840,256 |
PROPERTY TAXES
Parcel Number
0440420000625
Land Assessment
$871,200
Improvements Assessment
$969,056
Total Assessment
$1,840,256
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