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5461 S Rice Ave
Houston, TX 77081
1031 "Cash Out" Walmart DST - 2/7/18 Closing! · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Department Store
Building Size
178,747 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
16.31 AC
Zoning
No Zoning - No Zoning Regulations
Parking
716 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
603’ on S Rice

AMENITIES

  • Freeway Visibility

ABOUT 5461 S RICE AVE , HOUSTON, TX 77081

Things to Consider The economic success of the investment will depend upon the results of operations of the property and compliance by the tenant with the terms of the Lease, which will be subject to risks typically associated with investments in real estate. The “cash out” is expected to be made from the proceeds of a loan expected to be advanced after the asset is acquired and will be subject to conditions outside the control of the principals. If the conditions for the loan are not met, the lender may refuse to advance loan proceeds. The demand, price and rents for single-tenant properties where the Property is located have historically been positively and negatively affected by the location’s economic performance; any decrease in such could adversely affect the market for the Property. Offering is issued as a security and is limited to Accredited Investors only. Realized1031.com is a website operated by Realized Technologies, LLC, a wholly owned subsidiary of Realized Holdings, LLC (“Realized”). Equity securities offered on this website are offered exclusively through WealthForge Securities, LLC, a registered broker/dealer and member of FINRA/SIPC("WealthForge"). WealthForge and Realized are not affiliated. WealthForge generally invoices the issuers and/or companies sponsoring real estate projects listed on the Realized1031.com marketplace for WealthForge's execution of the securities offering and other services; Affiliates of Realized are separately paid by WealthForge for use of Realized's technology, reporting, communications, and administrative services; and several officers and employees of Realized or its affiliates are registered representatives of WealthForge and may be compensated in such capacity. Thus, each of Realized, and those of its officers and employees that are registered representatives of WealthForge, will realize compensation through WealthForge as a result of any equity transaction. By accessing this website and any pages thereof (including any pages accessed by or through the website), you agree to be bound by our Terms of Service and Privacy Policy. Realized1031.com is intended only for accredited investors (for persons residing in the U.S.), and for non-U.S. persons residing abroad in jurisdictions where securities registration exemptions apply. Realized does not make investment recommendations, and no communication through this website or in any other medium should be construed as investment advice, nor does it make any recommendations regarding the appropriateness of particular opportunities for any investor. Realized does not provide tax or legal advice and no communication through this website or in any other medium should be construed as tax or legal advice. All prospective investors must certify that they are accredited investors, suitable for this type of illiquid investment, and must acknowledge that they have received and read all investment terms and conditions. Many investment opportunities posted on this website are “private placements” of securities made pursuant to an exemption from registration and have not been registered with Securities and Exchange Commission (“SEC”) or any state securities regulator. Securities offered on this website are not publicly traded, are subject to holding period requirements, and are intended for investors who do not need a liquid investment. Securities offered on this website are NOT bank deposits (and thus NOT insured by the FDIC or by any other federal governmental agency), are NOT guaranteed by Realized, WealthForge or their respective affiliates, and MAY lose value. Realized makes no representations or warranties as to the suitability of any investment opportunity posted on this website as eligible like-kind property in connection with tax deferred exchanges under IRC §1031. Neither the SEC nor any federal or state securities commission or regulatory authority has recommended or approved any investment opportunity presented on the website or the accuracy or completeness of any of the information or materials provided by or through the website. Investors must be able to afford the loss of their entire investment. Any financial projections or pro-forma returns shown on the website are illustrative examples only, and there can be no assurance that any such projections or valuations provided are accurate or in agreement with market or industry valuations. Any investment representation or information contained herein has been secured from sources Realized believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees and expenses. Investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed on this website, and are encouraged to consult with a financial advisor, attorney, accountant, and any other professional that can help you to understand and assess the risks associated with any investment opportunity. Fluctuations in the value of the assets that are the subject of any investment are to be expected. Additional risks exist due to a variety of factors, including, but not limited to, leverage, market risks, business risks, management, adverse tax consequences, and such other risks more particularly described in the related offering materials. There is a potential for loss of part or ALL of the investment capital, and each investor should understand that all capital invested may be lost. Investors should only consider these investments if they have no need for liquidity and can bear the risk of losing their entire investment. Check the background of this firm on FINRA's BrokerCheck.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1355800010001
Land Assessment
$14,209,280
Improvements Assessment
$14,495,701
Total Assessment
$28,704,981
  • Listing ID: 11485762

  • Date on Market: 2/4/2018

  • Last Updated:

  • Address: 5461 S Rice Ave, Houston, TX 77081

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