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8800 Richmond Ave
Houston, TX 77063
Walgreens · Retail Property For Sale
Investment Highlights
- Long-term lease in place (through 12/31/30)
- Strong traffic counts along Richmond Ave. and Fondren Rd.
- Excellent visibility and access
- Located at the intersection of Richmond Ave & Fondren Rd in Westchase/Tanglewilde submarket
- Surrounded by affluent neighborhoods and strong daytime employment base
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
9,596 SF
Building Class
B
Year Built
2004
Price
$4,333,333
Price Per SF
$451.58
Cap Rate
6%
NOI
$260,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.77 AC
Property Taxes
| Parcel Number | 0973980000004 | Improvements Assessment | $1,137,978 |
| Land Assessment | $1,403,052 | Total Assessment | $2,541,030 |
Property Taxes
Parcel Number
0973980000004
Land Assessment
$1,403,052
Improvements Assessment
$1,137,978
Total Assessment
$2,541,030
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