9410 Homestead Rd 1,800 SF 100% Leased Retail Building Houston, TX 77016 $975,000 ($541.67/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Great investment potential property, well known restaurant for twenty years. Stable business, high traffic area of Tidwell and Homestead Rd.
- Lease amount is $6,500 monthly with 3 years remaining.
- Great location, next to a Jack In The Box and across the street from a Walgreens and McDonalds.
EXECUTIVE SUMMARY
Great investment potential property, well known restaurant for twenty years. Stable business, high traffic area near the corner of Tidwell and Homestead Road. Great location, next to a Jack In The Box and across the street from a Walgreens and McDonalds.
if want to purchase the restaurant for additional $250,000.
if want to purchase the restaurant for additional $250,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,800 SF
Building Class
C
Year Built
1970
Price
$975,000
Price Per SF
$541.67
Cap Rate
8%
NOI
$78,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.15
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
None - Unrestricted
Frontage
104’ on Homestead Road
AMENITIES
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Acme Seafood Market
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Acme Seafood Market | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 0710290110304 | Improvements Assessment | $262,278 |
| Land Assessment | $69,300 | Total Assessment | $331,578 |
