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Pacifica Learning Center 11950 Louetta Rd 4,270 SF Retail Building Houston, TX 77070 $1,708,285 CAD ($400.07 CAD/SF) 8.05% Cap Rate
Investment Highlights
- Property benefits from high visibility with over 23,000 vehicles per day and direct access on Louetta Road with two curb cuts
- Services two school districts, prestigious Cy-Fair ISD and Tomball ISD
- Conveniently situated allowing for easy drop off and pick ups
- Minutes from a high-volume retail corridor with multiple national retailers and well-known upscale Vintage Park
Executive Summary
OLDHAM GOODWIN is pleased to present a 4,270 SF NNN leased early learning retail center occupied by Pacifica Learning Center. The building is conveniently situated to service multiple large neighborhood communities including the well-known Lakewood Forest master planned community. The location is one mile away from a high-volume retail corridor area including tenants such as Target and H-E-B and less than five minutes from upscale Vintage Park.
DO NOT DISTURB TENANT
DO NOT DISTURB TENANT
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
4,270 SF
Building Class
B
Year Built
1999
Price
$1,708,285 CAD
Price Per SF
$400.07 CAD
Cap Rate
8.05%
NOI
$137,591 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.60 AC
Frontage
132’ on Louetta Rd
Nearby Major Retailers
Property Taxes
| Parcel Number | 1142090000044 | Improvements Assessment | $732,450 CAD |
| Land Assessment | $289,830 CAD | Total Assessment | $1,022,280 CAD |
Property Taxes
Parcel Number
1142090000044
Land Assessment
$289,830 CAD
Improvements Assessment
$732,450 CAD
Total Assessment
$1,022,280 CAD
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Pacifica Learning Center | 11950 Louetta Rd
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