500 Maxey Rd | Houston, TX 77013
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- LoopNet Team
500 Maxey Rd
Houston, TX 77013
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- SOLD INDIVIDUALLY OR AS 3-UNIT PORTFOLIO WITH AN ASSUMABLE LOAN - 10.90% CASH-ON-CASH RETURN
- Village Medical Location. Corporate Guarantee with 10 x 5-Year Options for Maximum Term Through 2078.
- Strong Area Demographics - 193,447 Population Within 5-Mile Radius with Household Income of $60,301 Annually
- Over 4.6 Years Remaining on Absolute NNN Lease with Zero Landlord Responsibilities.
- Located on Major Arterial Road and Benefits from 38,265 Vehicles Per Day just North of I-10 with 154,870 Vehicles Per Day
- Approximately 2.1 Miles from the Houston Community College with 48,329 Students and 1.5 Miles from East Houston Hospital (120 Beds)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,682 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.31 AC
PROPERTY TAXES
| Parcel Number | 1232450010001 | Improvements Assessment | $1,689,712 |
| Land Assessment | $898,670 | Total Assessment | $2,588,382 |
PROPERTY TAXES
Parcel Number
1232450010001
Land Assessment
$898,670
Improvements Assessment
$1,689,712
Total Assessment
$2,588,382
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