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INVESTMENT HIGHLIGHTS
- 100% Occupied
- Traffic Count: 25,200 AADT (TxDOT-2023)
- Corner Location
- Close Proximity to Beltway 8, Highway 146, and Highway 225
EXECUTIVE SUMMARY
The subject property is a freestanding 9,800 sq.ft. retail building located on Spencer Highway in La Porte, TX. Currently 100% occupied, situated on .35 acres with a daily traffic count of 25,200+ AADT (TxDOT-2023). Close proximity to major thoroughfares such as Beltway 8, Highway 146, Highway 288. This property offers exceptional exposure and heavy traffic counts being located near major retailers including H-E-B, Walmart Supercenter, Starbucks, Chick-fil-a, ALDI, and many more!
Do not disturb the existing business, its employees or visitors!
Do not disturb the existing business, its employees or visitors!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,800 SF
Building Class
C
Year Built
1978
Price
$765,000
Price Per SF
$78.06
Tenancy
Single
Building Height
2 Stories
Building FAR
0.64
Lot Size
0.35 AC
Zoning
N/A
Parking
14 Spaces (1.43 Spaces per 1,000 SF Leased)
Frontage
105’ on Spencer Hwy
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1021810000028 | Improvements Assessment | $558,252 |
| Land Assessment | $152,250 | Total Assessment | $710,502 |
PROPERTY TAXES
Parcel Number
1021810000028
Land Assessment
$152,250
Improvements Assessment
$558,252
Total Assessment
$710,502
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RMA Thrift Store | 8380 Spencer Hwy
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