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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
$13,659,360 CAD
Price Per SF
$705.33 CAD
Cap Rate
6.68%
NOI
$912,942 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 | $6,071,255 CAD |
| Land Assessment | $3,801,269 CAD | Total Assessment | $9,872,523 CAD |
Property Taxes
Parcel Number
1403730010001
Land Assessment
$3,801,269 CAD
Improvements Assessment
$6,071,255 CAD
Total Assessment
$9,872,523 CAD
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