7524 North Fwy | Houston, TX 77037
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7524 North Fwy
Houston, TX 77037
Little York at North Freeway Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 1.49 Acres at Irreplaceable Location at Northeast Quadrant of North Freeway and Little York Road
- Leasehold Interest in Real Property Reverts to Fee Simple Interest Upon Ground Lease Expiration
- Value-Add Opportunity: Long-Term Ground Lease Expires in Less Than Five Years
- Property Features Grandfathered Billboard Rights, Currently Yielding $6,500 Per Year
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
8,000 SF
Building Class
C
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.39 AC
Parking
550 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $820,755 | |
| Land Assessment | $885,086 | Total Assessment | $1,705,841 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$885,086
Improvements Assessment
$820,755
Total Assessment
$1,705,841
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