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- LoopNet Team
708 College Ave
South Houston, TX 77587
Leal Funeral Home · Specialty Property For Sale
·
7,200 SF

INVESTMENT HIGHLIGHTS
- Heavy traffic counts of over 25,000 cars per day
- NNN Lease in place
- Over 300' of frontage on busy College Ave.
- Newly executed 10 year lease.
- Tenant has many years of experience in the business.
- 42,600 Sf of total property for future development
PROPERTY FACTS
AMENITIES
- Signage
- Air Conditioning
ABOUT 708 COLLEGE AVE , SOUTH HOUSTON, TX 77587
Current tenant's new lease was effective March 1, 2019 with 10 years term. Tenant pays all maintenance, taxes and insurance. Strong, experienced tenant with other locations in Houston. Over 9% cap rate on full price. Lots of potential for the property in the future with a large 42,600 SF lot. Over 300' of frontage on College Ave. with over 25,000 cars per day. Very highly visible property.
PROPERTY TAXES
| Parcel Numbers |
Multiple
|
Improvements Assessment | $452,229 |
| Land Assessment | $639,000 | Total Assessment | $1,091,229 |
PROPERTY TAXES
- 0340620220003
- 0340620220004
- 0340620220002
- 0340620220012
Listing ID: 15672939
Date on Market: 4/8/2019
Last Updated:
Address: 708 College Ave, South Houston, TX 77587
The Specialty Property at 708 College Ave, South Houston, TX 77587 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
