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13655 FM 3005 Rd
Galveston, TX 77554
Retail Property For Sale


Investment Highlights
- Prime commercial hard corner with stop light
- rapidly growing residential area
- Great visibility
Executive Summary
Plenty of room for expansion in this current double occupancy commercial building. 53/47% rented space. Owner occupied tenant and retail long term lease in place with established retailer. Prime hard corner location in rapidly growing high end residential area. Current owner leaseback option.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,184 SF
Building Class
B
Year Built
2002
Price
$2,239,050 CAD
Price Per SF
$535.15 CAD
Cap Rate
6%
NOI
$134,343 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.63 AC
Zoning
None
Parking
31 Spaces (7.4 Spaces per 1,000 SF Leased)
Frontage
212’ on FM 3005 Rd
Amenities
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 5858-0000-0000-002 | Improvements Assessment | $772,396 CAD |
| Land Assessment | $81,278 CAD | Total Assessment | $853,675 CAD |
Property Taxes
Parcel Number
5858-0000-0000-002
Land Assessment
$81,278 CAD
Improvements Assessment
$772,396 CAD
Total Assessment
$853,675 CAD
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