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7156 Lawndale St 2,705 SF Retail Building Houston, TX 77023 $599,000 ($221.44/SF) 5.04% Cap Rate
INVESTMENT HIGHLIGHTS
- Single tenant occupied. 5 year lease expires 2030.
- Renovated 2024
EXECUTIVE SUMMARY
Prime investment opportunity. This triple-net leased freestanding building with warehouse. Proximity to greater east end Houston
Next to intersection of S 75th Street and Lawndale St. Busy area. Single tenant occupied. 5 year lease expires 2030. Fully tenant occupied.
Please email for fast response.
Thanks.
Next to intersection of S 75th Street and Lawndale St. Busy area. Single tenant occupied. 5 year lease expires 2030. Fully tenant occupied.
Please email for fast response.
Thanks.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,705 SF
Building Class
C
Year Built/Renovated
1931/2024
Price
$599,000
Price Per SF
$221.44
Cap Rate
5.04%
NOI
$30,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.17 AC
Zoning
Opportunity Zone
Parking
10 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
29’ on Lawndale Street
AMENITIES
- Bus Line
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0410300000085 | Improvements Assessment | $143,188 |
| Land Assessment | $124,095 | Total Assessment | $267,283 |
PROPERTY TAXES
Parcel Number
0410300000085
Land Assessment
$124,095
Improvements Assessment
$143,188
Total Assessment
$267,283
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7156 Lawndale St
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