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20610 Gulf Fwy
Webster, TX 77598
Gulf Freeway Center · Retail Property For Sale
Investment Highlights
- BEST IN CLASS, CREDIT TENANCY
- PROXIMITY TO BAYBROOK MALL
- RECENT RENOVATIONS & FAÇADE UPGRADES
- SERVICES MAJOR ESTABLISHED HOUSTON SUBMARKET - CLEAR LAKE/WEBSTER
- FREEWAY FRONTAGE ALONG I-45, HOUSTON’S PRIMARY NORTH-SOUTH THOROUGHFARE
Executive Summary
TWO TENANT RETAIL CENTER W/ LONG TERM LEASES IN PLACE | BEST IN CLASS TENANCY | HOUSTON, TX
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,640 SF
Building Class
B
Year Built/Renovated
1983/2022
Price
$10,032,062 CAD
Price Per SF
$391.27 CAD
Cap Rate
6.75%
NOI
$677,421 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.85 AC
Zoning
None - N/A
Parking
72 Spaces (2.81 Spaces per 1,000 SF Leased)
Frontage
351’ on Gulf Fwy
Property Taxes
| Parcel Number | 1329730010001 | Improvements Assessment | $2,679,060 CAD |
| Land Assessment | $2,726,183 CAD | Total Assessment | $5,405,244 CAD |
Property Taxes
Parcel Number
1329730010001
Land Assessment
$2,726,183 CAD
Improvements Assessment
$2,679,060 CAD
Total Assessment
$5,405,244 CAD
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