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7156 Lawndale St 2,705 SF Retail Building Houston, TX 77023 $450,000 ($166.36/SF) 8.41% Cap Rate
Investment Highlights
- Single tenant occupied. 5 year lease expires 2030.
- 700+/- warehouse
- Fully Renovated 2024
Executive Summary
Prime investment opportunity in Houston’s thriving Greater East End. This triple-net leased freestanding building with an attached warehouse is strategically located near the busy intersection of S 75th Street and Lawndale Street, offering strong visibility and consistent traffic.
The property is occupied by a single tenant under a 5-year lease through 2030, providing stable, predictable income. Additionally, there is approximately 700 +/- sq ft of warehouse space.
Please email for a fast response. Thanks.
The property is occupied by a single tenant under a 5-year lease through 2030, providing stable, predictable income. Additionally, there is approximately 700 +/- sq ft of warehouse space.
Please email for a fast response. Thanks.
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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
$450,000
Price Per SF
$166.36
Cap Rate
8.41%
NOI
$37,824
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
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
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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