Retail/Office Building
10,579 SF | 100% Leased | Retail Building | Houston, TX 77037 | $2,295,000 ($217/SF) | 6.35% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,295,000
- Property Type
-
Retail
- Square Feet
- 10,579 SF
- Price / Square Foot
- $217
Listing Contacts
Carlos Iglesias
Verified Profile
- Property Info
Property Overview
SALES PRICE JUST REDUCED NOW LISTED FOR $2,295,000.00
Presenting a prime commercial opportunity in the thriving city of Houston, Texas, 10266 North Fwy offers an exceptional investment in a high-visibility location with freeway frontage. Strategically located, this property is well-suited for a wide range of commercial uses with outstanding potential for retail use. This property represents a solid investment opportunity with long-term growth and profitability potential on its current built-out structure or redevelopment project.
Currently, 100% leased with some yearly and month-to-month leases - yearly leases ending in October-December 2024 - Major tenants are willing to renew.
Presenting a prime commercial opportunity in the thriving city of Houston, Texas, 10266 North Fwy offers an exceptional investment in a high-visibility location with freeway frontage. Strategically located, this property is well-suited for a wide range of commercial uses with outstanding potential for retail use. This property represents a solid investment opportunity with long-term growth and profitability potential on its current built-out structure or redevelopment project.
Currently, 100% leased with some yearly and month-to-month leases - yearly leases ending in October-December 2024 - Major tenants are willing to renew.
Property Details
- Class
- C
- Year Built/Renovated
- 1984/2022
- Stories
- 2
- Property Subtype
- Day Care Facility/Nursery, Freestanding, Medical
- Lot Size (sq. ft)
- 32,670 SF
Highlights
- Strategically positioned with direct frontage on North Freeway (I-45)
- High visibility, this property offers prime exposure to thousands of daily commuters
- VPD on North Fwy 253,820 and 18,800 on North Fwy Frontage Rd
- Great opportunity to bring new tenants and current tenants to long-term leases.
- Redevelopment opportunity.
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