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5950 Gulf Fwy
Houston, TX 77023
Retail Property For Sale
Investment Highlights
- Premier frontage on I-45 | unmatched visibility and convenient access for both local and transient customers alike
- Traffic Counts Exceed 229,000 VPD along IH-45 | prime access to one of the Nation’s busiest freeways in one of the nation’s largest cities
- Proximity to Downtown & Dense Residential Neighborhoods | Daytime Population of 470,598 | 372,444 Residents | 12.3% Household Growth Since 2010
- Irreplaceable Urban Infill Location | Located inside of Loop 610, representing Houston’s Urban Core
- Fully Stabilized with Long Term Rollover | stable cash flows through the hold period
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,625 SF
Building Class
B
Year Built
2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.35 AC
Zoning
None
Parking
39 Spaces (4.52 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,692,925 | |
| Land Assessment | $967,528 | Total Assessment | $3,660,453 |
Property Taxes
Parcel Numbers
Land Assessment
$967,528
Improvements Assessment
$2,692,925
Total Assessment
$3,660,453
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