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Juniper Square 702 FM 1097 14,727 SF 100% Leased Retail Building Willis, TX 77378 $7,700,000 ($522.85/SF) 6.25% Cap Rate
Investment Highlights
- NEW CLASS A RETAIL CENTER ACROSS THE STREET FROM TOP PERFORMING H-E-B
- DIVERSE TENANT LINEUP WITH NATIONAL PRESENCE & EXPERIENCED OPERATORS
- POSITIONED IN MAJOR GROWTH MARKET
- LONG TERM LEASES WITH BUILT IN GROWTH
Executive Summary
Premium H-E-B Adjacent Retail Center in Major Growth Market | Houston, MSA
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
14,727 SF
Building Class
B
Year Built
2023
Price
$7,700,000
Price Per SF
$522.85
Cap Rate
6.25%
NOI
$481,039
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.67 AC
Opportunity Zone
Yes
Zoning
4
Parking
67 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
271’ on West Montgomery Street
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 9570-00-43540 | Improvements Assessment | $1,617,625 |
| Land Assessment | $872,942 | Total Assessment | $2,490,567 |
Property Taxes
Parcel Number
9570-00-43540
Land Assessment
$872,942
Improvements Assessment
$1,617,625
Total Assessment
$2,490,567
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Juniper Square | 702 FM 1097
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