This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

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

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
177,514 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
16.39 AC

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.

Property Taxes

Property Taxes

Parcel Number
1355800010003
Land Assessment
$1,589,730
Improvements Assessment
$2,052,025
Total Assessment
$3,641,755
  • Listing ID: 12418043

  • Date on Market: 4/30/2018

  • Last Updated:

  • Address: 5405 S Rice Ave, Houston, TX 77081

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}