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15948 Post Oak Rd 18,900 SF Retail Building Houston, TX 77053 $6,090,864 CAD ($322.27 CAD/SF) 5.05% Cap Rate
Investment Highlights
- Heavy day time traffic
- 100% Occupied
- lots of nature lights
- Cash Offers !
Executive Summary
King Plaza Shopping Center - Good neighborhood Strip Center sitting on approx. 84,824 square feet tract and consisting of approximately 17,650+/- square feet leasable area. The Center is extremely well located 3 minutes South of South Sam Houston Tollway (Beltway 8) in Harris County, Texas
Good upset and potential.
Adjacent land - Tract II - Approx.28,340+/- square feet at North of the Strip Center may produce more Rental Income as Rent 2 Own Trailers
Good upset and potential.
Adjacent land - Tract II - Approx.28,340+/- square feet at North of the Strip Center may produce more Rental Income as Rent 2 Own Trailers
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$384,149
|
$21.64
|
| Other Income |
$17,678
|
$1.00
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$401,827
|
$22.64
|
| Taxes |
$48,832
|
$2.75
|
| Operating Expenses |
$45,472
|
$2.56
|
| Total Expenses |
$94,304
|
$5.31
|
| Net Operating Income |
$307,523
|
$17.33
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $384,149 |
| Annual Per SF | $21.64 |
| Other Income (CAD) | |
|---|---|
| Annual | $17,678 |
| Annual Per SF | $1.00 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $401,827 |
| Annual Per SF | $22.64 |
| Taxes (CAD) | |
|---|---|
| Annual | $48,832 |
| Annual Per SF | $2.75 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $45,472 |
| Annual Per SF | $2.56 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $94,304 |
| Annual Per SF | $5.31 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $307,523 |
| Annual Per SF | $17.33 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,900 SF
Building Class
B
Year Built
2001
Price
$6,090,864 CAD
Price Per SF
$322.27 CAD
Cap Rate
5.05%
NOI
$307,376 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
1.21 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
75 Spaces (3.97 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Le Seafood
- Retailer
- 1,700 SF
- -
- Full Service
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Le Seafood | Retailer | 1,700 SF | - | Full Service | - |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6200-02-000-0205-907 | Total Assessment | $2,426,525 CAD (2025) |
| Land Assessment | $206,781 CAD (2025) | Annual Taxes | $48,832 CAD ($2.58 CAD/SF) |
| Improvements Assessment | $2,219,744 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
6200-02-000-0205-907
Land Assessment
$206,781 CAD (2025)
Improvements Assessment
$2,219,744 CAD (2025)
Total Assessment
$2,426,525 CAD (2025)
Annual Taxes
$48,832 CAD ($2.58 CAD/SF)
Tax Year
2026
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15948 Post Oak Rd
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