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1326 S. Dairy Ashford 1326 S Dairy Ashford Rd 2,400 SF Retail Building Houston, TX 77077 $968,520 CAD ($403.55 CAD/SF) 5.20% Cap Rate
Investment Highlights
- 2,400 SF C-Store
- Signalized Intersection
- 10% Rent Bumps 7/27 and 7/32 w/Lease Expiration 10/34
- 15,246 SF Land at SWC of Briar Forest Dr. and Ashford Pkwy.
- High Incs/Dense Pops/Strong Traffic Counts
Executive Summary
Investment opportunity featuring a 2,400 SF convenience store on 15,246 SF of land at a signalized intersection near Briar Forest Drive and Ashford Parkway. The property benefits from strong traffic counts, dense surrounding populations and high household incomes. The existing lease runs through October 2034 and includes 10% rent increases in July 2027 and July 2032.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built
1968
Price
$968,520 CAD
Price Per SF
$403.55 CAD
Cap Rate
5.20%
NOI
$50,363 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.35 AC
Zoning
Commercial - Commercial
Parking
7 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
208’ on South Dairy Ashford Road
Amenities
- Signage
- Signalized Intersection
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0402250000072 | Improvements Assessment | $282,086 CAD |
| Land Assessment | $166,674 CAD | Total Assessment | $448,760 CAD |
Property Taxes
Parcel Number
0402250000072
Land Assessment
$166,674 CAD
Improvements Assessment
$282,086 CAD
Total Assessment
$448,760 CAD
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1326 S. Dairy Ashford | 1326 S Dairy Ashford Rd
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