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3803 Westheimer Rd
Houston, TX 77027
Retail For Sale · Retail Property For Sale
·
2,497 SF
Property Facts
| Price | Not Individually For Sale | Building Class | B |
| Building Size | 2,497 SF | Lot Size | 0.45 AC |
| Property Type | Retail | Tenancy | Single |
| Property Subtype | Bank | Parking Ratio | 9.61/1,000 SF |
| Price | Not Individually For Sale |
| Building Size | 2,497 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Building Class | B |
| Lot Size | 0.45 AC |
| Tenancy | Single |
| Parking Ratio | 9.61/1,000 SF |
Executive Summary
investment highlights
• Ground leased to Wells Fargo (S&P: AA-) for fifteen (15) years with 10% rental increases every five (5) years
• Irreplaceable infill location in Houston’s finest zip code with high residual value as a result
• Located at the intersection of Westheimer Boulevard and Weslayan Road as an outparcel to Central Market
• $135,000 average houshold income within 1-mile, over one-half million in projected population by 2015 within 5 miles
• Oustanding demographics and traffic counts (Westheimer - 25,870 VPD; Weslayan - 25,445 VPD as of 2006)
• Ground leased to Wells Fargo (S&P: AA-) for fifteen (15) years with 10% rental increases every five (5) years
• Irreplaceable infill location in Houston’s finest zip code with high residual value as a result
• Located at the intersection of Westheimer Boulevard and Weslayan Road as an outparcel to Central Market
• $135,000 average houshold income within 1-mile, over one-half million in projected population by 2015 within 5 miles
• Oustanding demographics and traffic counts (Westheimer - 25,870 VPD; Weslayan - 25,445 VPD as of 2006)
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