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7122 Lawndale St 5,288 SF 100% Leased Retail Building Houston, TX 77023 $995,000 ($188.16/SF) 6.12% Cap Rate
INVESTMENT HIGHLIGHTS
- Busy area. 100% occupied.
EXECUTIVE SUMMARY
Prime investment opportunity. This triple-net leased retail storefront Proximity to Greater East End Houston.
Next to intersection of S 75th Street and Lawndale St. Busy area. 100% Fully tenant occupied.
Please email for any questions. Thanks.
7122 & 7124 Lawndale St, Houston TX 77023
Asking only 995K
Next to intersection of S 75th Street and Lawndale St. Busy area. 100% Fully tenant occupied.
Please email for any questions. Thanks.
7122 & 7124 Lawndale St, Houston TX 77023
Asking only 995K
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,288 SF
Building Class
C
Year Built/Renovated
1950/2022
Price
$995,000
Price Per SF
$188.16
Cap Rate
6.12%
NOI
$60,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.34 AC
Parking
20 Spaces (3.78 Spaces per 1,000 SF Leased)
Frontage
93’ on Lawndale St
AMENITIES
- Air Conditioning
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0410300000420 | Improvements Assessment | $473,848 |
| Land Assessment | $225,000 | Total Assessment | $698,848 |
PROPERTY TAXES
Parcel Number
0410300000420
Land Assessment
$225,000
Improvements Assessment
$473,848
Total Assessment
$698,848
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7122 Lawndale St
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