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12222 Bissonnet St
Houston, TX 77099
Bldg 1 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- MARK-TO-MARKET RENT OPPORTUNITY | 35% BELOW MARKET
- DENSE TRADE AREA SURROUNDED BY ROOFTOPS | 465K POPULATION | 170,000 HOUSEHOLDS
- POSITIONED AT THE CORNER OF BISSONNET AND COOK RD | 44K VPD
- DIVERSE TENANT LINEUP CATERING TO SURROUNDING DEMOGRAPHICS
EXECUTIVE SUMMARY
Well Located Retail Center with Below Market Rents. Excellent Exposure at the Hard Corner of Lighted Intersection and Frontage Along Major Thoroughfare.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
24,000 SF
Building Class
C
Year Built
1984
Price
$7,146,346 CAD
Price Per SF
$297.76 CAD
Cap Rate
8%
NOI
$571,708 CAD
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.42 AC
Zoning
None
Parking
74 Spaces (3.08 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 1153810000001 | Improvements Assessment | $2,997,988 CAD |
| Land Assessment | $1,182,114 CAD | Total Assessment | $4,180,103 CAD |
PROPERTY TAXES
Parcel Number
1153810000001
Land Assessment
$1,182,114 CAD
Improvements Assessment
$2,997,988 CAD
Total Assessment
$4,180,103 CAD
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