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2929 Navigation Blvd
Houston, TX 77003
Navigation Place · Retail Property For Sale


Investment Highlights
- GENERATIONAL HOLD URBAN INFILL LOCATION
- IMMEDIATE UPSIDE VIA LEASE-UP OF HIGHLY LEASABLE 1,035 SF INLINE SPACE
- EXCEPTIONAL TENANCY WITH 2 OF HOUSTON’S MOST ICONIC RESTAURANTS, NATIONAL CHAINS, MEDICAL, & FINANCIAL SERVICES
- CLASS A 2020 CONSTRUCTION WITH PROVEN TENANCY BASE
Executive Summary
For Sale: High Quality Urban Infill Retail Center - Minimal Risk Long Term - Houston, TX
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,366 SF
Building Class
B
Year Built
2020
Price
$14,547,812 CAD
Price Per SF
$751.20 CAD
Cap Rate
6.25%
NOI
$909,238 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.81 AC
Opportunity Zone
Yes
Zoning
none
Parking
106 Spaces (5.47 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 1403730010001 | Improvements Assessment | $6,061,001 CAD |
| Land Assessment | $3,794,849 CAD | Total Assessment | $9,855,850 CAD |
Property Taxes
Parcel Number
1403730010001
Land Assessment
$3,794,849 CAD
Improvements Assessment
$6,061,001 CAD
Total Assessment
$9,855,850 CAD
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