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5405 S Rice Ave
Houston, TX 77081
Walmart Supercenter · Retail Property For Sale

Property Facts
About 5405 S RICE AVE , HOUSTON, TX 77081
Seeking indications of interest for Houston Galleria Retail DST, a 1031 exchange-qualified opportunity to co-invest in a Walmart Supercenter. Property is not for sale. This is an opportunity for Accredited Investors to purchase beneficial interests in a Delaware Statutory Trust (DST). $100,000 minimum equity investment. Investment issued as securities; No real estate commission splits available. Offered exclusively through Realized 1031. The Property's Lease is guaranteed by Wal-Mart Stores, Inc. (S&P: AA/Moody: Aa2). Seventeen (17) years remaining on primary Lease term. Lease includes six, 5-year extension options, with annual rent increasing by 5% at each extension option. Prime retail location in the affluent and highly desirable Galleria/Uptown area of Houston, Texas. Extremely High Traffic. Property is located on the Southeast corner of I-610 Loop and I-69/US 59, the busiest intersection in Texas (per Texas Department of Transportation) measuring 523,000 vehicles per day. Securities offered through WealthForge Securities, LLC. Member FINRA/SIPC. Offers or solicitations to buy or otherwise acquire securities can only be made through a private placement memorandum that contains important information about the risks, fees and expenses of such securities. Investments in private securities, including DSTs, involve substantial risks and may involve long hold periods. They are extremely illiquid and may result in the loss of principal. Projected cash returns are not guaranteed and could be lower than anticipated. This investment is subject to significant risks. Investors should review the PPM in its entirety before investing. DSTs and 1031 Exchange offerings are not suitable for everyone and have tax consequences and one should consult with their CPA or advisor before investing.
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Property Taxes
| Parcel Number | 1355800010003 | Improvements Assessment | $2,052,025 |
| Land Assessment | $1,589,730 | Total Assessment | $3,641,755 |
Property Taxes
Listing ID: 12418043
Date on Market: 4/30/2018
Last Updated:
Address: 5405 S Rice Ave, Houston, TX 77081
The Gulfton Retail Property at 5405 S Rice Ave, Houston, TX 77081 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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