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108-116 E Edgewood Dr 14,788 SF 100% Leased Retail Building Friendswood, TX 77546 $8,997,974 CAD ($608.46 CAD/SF) 6.50% Cap Rate
Executive Summary
Kroger Shadow Anchored Multi-Tenant Retail Center. Great Tenant mixture with long term leases with Wendy's ground lease.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,788 SF
Building Class
C
Year Built
1996
Price
$8,997,974 CAD
Price Per SF
$608.46 CAD
Cap Rate
6.50%
NOI
$584,868 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.67 AC
Zoning
CSC
Frontage
213’ on East Edgewood Drive
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,931,418 CAD | |
| Land Assessment | $1,195,394 CAD | Total Assessment | $5,126,811 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,195,394 CAD
Improvements Assessment
$3,931,418 CAD
Total Assessment
$5,126,811 CAD
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108-116 E Edgewood Dr
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