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Misty Valley Shopping Center 12019-12035 Misty Valley 6,510 SF 100% Leased Retail Building Houston, TX 77066 $1,369,419 CAD ($210.36 CAD/SF) 8.70% Cap Rate
Investment Highlights
- Frontage Location
- Expenses are 100 Percent Reimbursed by NNN Tenants
- Klein Forest High School Across the Street
- 8.70 Percent Cap Rate
Executive Summary
Marcus & Millichap is pleased to exclusively list for sale Misty Valley Shopping Center, located at 12033 Misty Valley Drive in Houston, Texas. This 6,510-square-foot retail center is situated on a 0.52 acre tract of land fronting Misty Valley Drive. Klein Forest High School is located across the street.
Misty Valley Shopping Center is 100 percent occupied. All tenant leases are triple-net, protecting an investor from possible increases in future expenses. The property is offered for sale for a price of $999,000, which represents a 8.70 percent cap rate.
Misty Valley Shopping Center is 100 percent occupied. All tenant leases are triple-net, protecting an investor from possible increases in future expenses. The property is offered for sale for a price of $999,000, which represents a 8.70 percent cap rate.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,510 SF
Building Class
B
Year Built
1972
Price
$1,369,419 CAD
Price Per SF
$210.36 CAD
Cap Rate
8.70%
NOI
$119,170 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.52 AC
Zoning
None
Parking
25 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
171’ on Misty Valley Dr
Amenities
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0461000000036 | Improvements Assessment | $739,332 CAD |
| Land Assessment | $123,029 CAD | Total Assessment | $862,361 CAD |
Property Taxes
Parcel Number
0461000000036
Land Assessment
$123,029 CAD
Improvements Assessment
$739,332 CAD
Total Assessment
$862,361 CAD
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Misty Valley Shopping Center | 12019-12035 Misty Valley
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