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7122 Lawndale St 5,288 SF 100% Leased Retail Building Houston, TX 77023 $990,000 ($187.22/SF) 6.15% 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. Fully tenant occupied.
Please email for any questions. Thanks.
7122 & 7124 Lawndale St, Houston TX 77023
Next to intersection of S 75th Street and Lawndale St. Busy area. Fully tenant occupied.
Please email for any questions. Thanks.
7122 & 7124 Lawndale St, Houston TX 77023
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
$990,000
Price Per SF
$187.22
Cap Rate
6.15%
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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