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6718 Cullen Blvd
Houston, TX 77021
Ralston Shopping Center · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,500 SF
Building Class
C
Year Built
1950
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.34 AC
Zoning
None
Parking
11 Spaces (3.72 Spaces per 1,000 SF Leased)
Frontage
118’ on Cullen Blvd
Amenities
- Pylon Sign
About 6718 CULLEN BLVD , HOUSTON, TX 77021
3 retail tenants on Cullen, 2 vacant residentail units on back of property which are rent ready, includes 2 vacant lots with street frontage on other side of Cullen blvd. Ralstons liquor store is main tenant who has been in business at location over 30 years. As is cap=8%, Proforma cap=12% + development upside. Current leases are under market value on rent. The property has good cashflow, development upside, in an under-served retail market. Please do not disturb tenants and verify all financial information in feasability period. Thank You Near U of H campus, Cullen Boulevard off of Yellowstone Blvd and less than two miles North of Interstate 610 South and highway 288.
Property Taxes
| Parcel Number | 0332200240005 | Improvements Assessment | $0 |
| Land Assessment | $87,550 | Total Assessment | $87,550 |
Property Taxes
Parcel Number
0332200240005
Land Assessment
$87,550
Improvements Assessment
$0
Total Assessment
$87,550
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