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11001 Fondren Rd 7,368 SF 100% Leased Retail Building Houston, TX 77096 $2,267,520 CAD ($307.75 CAD/SF) 5.68% Cap Rate
Investment Highlights
- Heavy cars and foot traffic.
- Unique small shopping Center with ready make income.
- Shopping strip 100% occupied with stable tenants.
Executive Summary
100% Occupied shopping center for sale, stable and long terms tenants
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$142,003
|
$19.27
|
| Other Income |
$11,479
|
$1.56
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$153,483
|
$20.83
|
| Taxes |
$16,298
|
$2.21
|
| Operating Expenses |
$8,503
|
$1.15
|
| Total Expenses |
$24,801
|
$3.37
|
| Net Operating Income |
$128,682
|
$17.46
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $142,003 |
| Annual Per SF | $19.27 |
| Other Income (CAD) | |
|---|---|
| Annual | $11,479 |
| Annual Per SF | $1.56 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $153,483 |
| Annual Per SF | $20.83 |
| Taxes (CAD) | |
|---|---|
| Annual | $16,298 |
| Annual Per SF | $2.21 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $8,503 |
| Annual Per SF | $1.15 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $24,801 |
| Annual Per SF | $3.37 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $128,682 |
| Annual Per SF | $17.46 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,368 SF
Building Class
C
Year Built/Renovated
1980/2020
Price
$2,267,520 CAD
Price Per SF
$307.75 CAD
Cap Rate
5.68%
NOI
$128,682 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.31 AC
Zoning
business - retail office neighborhood zone
Parking
28 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
22’ on Fondren
Amenities
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Allied Family Dentistry P.C
- Professional, Scientific, and Technical Services
- 1,200 SF
- $1.88 CAD
- Triple Net
- Aug 2036
- Better Insurance
- Finance and Insurance
- 1,200 SF
- $1.53 CAD
- Plus Electric
- Jan 2028
- Centro Vida Sana LLC
- Health Care and Social Assistance
- 3,500 SF
- $1.81 CAD
- Triple Net
- Jun 2029
- Phann Dental Lab
- Health Care and Social Assistance
- 1,200 SF
- $1.12 CAD
- Plus Utilities
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Allied Family Dentistry P.C | Professional, Scientific, and Technical Services | 1,200 SF | $1.88 CAD | Triple Net | Aug 2036 | |
| Better Insurance | Finance and Insurance | 1,200 SF | $1.53 CAD | Plus Electric | Jan 2028 | |
| Centro Vida Sana LLC | Health Care and Social Assistance | 3,500 SF | $1.81 CAD | Triple Net | Jun 2029 | |
| Phann Dental Lab | Health Care and Social Assistance | 1,200 SF | $1.12 CAD | Plus Utilities | - |
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0420320000042 | Total Assessment | $709,547 CAD (2025) |
| Land Assessment | $153,046 CAD (2025) | Annual Taxes | $16,298 CAD ($2.21 CAD/SF) |
| Improvements Assessment | $556,500 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
0420320000042
Land Assessment
$153,046 CAD (2025)
Improvements Assessment
$556,500 CAD (2025)
Total Assessment
$709,547 CAD (2025)
Annual Taxes
$16,298 CAD ($2.21 CAD/SF)
Tax Year
2026
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11001 Fondren Rd
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