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Shops at Freeport 822 Freeport 11,400 SF 78% Leased Retail Building Houston, TX 77015 $3,194,000 ($280.18/SF) 7.50% Cap Rate
Investment Highlights
- High traffic counts and prime location
- At or below market rents with future value add opportunity
- Stabilized tenant roster
- 2020 construction with no deferred maintenance
Executive Summary
NEW TO MARKET! Prime multi-tenant retail center constructed in 2020. Stabilized tenant roster at below or market rents with future value add opportunity, No deferred maintenance and ideally situated on Freeport street on the entrance to the Cloverleaf MSA. All NNN leases. 7.5% cap rate!
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
11,400 SF
Building Class
B
Year Built
2020
Price
$3,194,000
Price Per SF
$280.18
Cap Rate
7.50%
NOI
$239,550
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.98 AC
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Space in move in condition.
prime endcap space former fish market
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,200 SF | Retail | In-Line | Now |
| 1st Floor | 1,300 SF | Retail | - | Now |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size |
| 1,300 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,200 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Space in move in condition.
1st Floor
| Size | 1,300 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
prime endcap space former fish market
Moderately walkable
60/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
CommunityBank of Texas
Property Taxes
| Parcel Number | 0650720280017 | Improvements Assessment | $1,152,270 |
| Land Assessment | $510,048 | Total Assessment | $1,662,318 |
Property Taxes
Parcel Number
0650720280017
Land Assessment
$510,048
Improvements Assessment
$1,152,270
Total Assessment
$1,662,318
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Shops at Freeport | 822 Freeport