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9602 Spencer Hwy 7,505 SF Retail Building La Porte, TX 77571 $2,000,000 ($266.49/SF)
INVESTMENT HIGHLIGHTS
- Heavy Daytime Traffic
- Well Established Restaurant
- Outside Patio
- Recently Renovated 2021
- Flood Zone X
- Prime Retail Location
EXECUTIVE SUMMARY
Since 1990 Tortilla’s Mexican Restaurant has been serving the finest Mexican food, and continues to give customers more than they expect, with great food and a family-friendly atmosphere. Located in high visibility/traffic location at 9602 Spencer Highway in La Porte, Texas. The restaurant retail building has approximately 7,505 square feet. The front of building has 900 square feet of cover patio. There is adequate parking along the front and the right side of the building. Price includes building, all trade fixtures and equipment, with a 42,728 sqft lot. Restaurant is still operating and will continue to operate until the property is sold to a new restaurateur.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
7,505 SF
Building Class
C
Year Built/Renovated
1963/2021
Price
$2,000,000
Price Per SF
$266.49
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.98 AC
Frontage
225’ on Spencer Hwy
AMENITIES
- 24 Hour Access
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $858,444 | |
| Land Assessment | $341,824 | Total Assessment | $1,200,268 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$341,824
Improvements Assessment
$858,444
Total Assessment
$1,200,268
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9602 Spencer Hwy
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