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SWC W Bellfort Ave & Gessner Rd
Houston, TX 77031
West Bellfort Plaza · Retail Property For Sale
Investment Highlights
- Located at the signalized intersection of W Bellfort Ave and S Gessner Rd with over 36,000 vehicles per day.
- Positioned across from Walmart Neighborhood Market and surrounded by major national retailers.
- Offers convenient access with multiple ingress/egress points, including four on W Bellfort Ave and one on S Gessner Rd.
- Supported by strong demographics with 469,000+ population, 313,000+ daytime population, and 183,000+ housing units within 5 miles.
Executive Summary
West Bellfort Plaza is a multi-tenant investment opportunity located at the SWC of W Bellfort Ave and S Gessner Rd in Houston, Texas. The center is anchored by Dollar Tree and is comprised of a strong internet resistant tenant mix providing retail, food, service and medical offerings to the immediate and surrounding areas.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
51,400 SF
Building Class
C
Year Built/Renovated
1983/2009
Price
$11,094,000
Price Per SF
$215.84
Cap Rate
7.25%
NOI
$804,315
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.27
Lot Size
4.36 AC
Parking
245 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 0420450000035 | Improvements Assessment | $4,550,763 |
| Land Assessment | $1,518,672 | Total Assessment | $6,069,435 |
Property Taxes
Parcel Number
0420450000035
Land Assessment
$1,518,672
Improvements Assessment
$4,550,763
Total Assessment
$6,069,435
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