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Investment Highlights

  • Fully leased for stable and steady income | All Net Leases, 100% Expense Reimbursement
  • Ideal investment for any savvy investor looking to diversify their portfolio
  • Tremendous potential for future growth in booming Houston economy
  • Diverse mix of tenants including popular regional brands and local businesses

Executive Summary

Introducing a lucrative investment opportunity in the Houston area, this fully leased 10,620 SF retail/strip center property offers stable and steady income with 100% occupancy. All Net Leases and 100% Expense Reimbursement enhance the appeal, while the diverse mix of tenants, including popular regional brands and local businesses, underscores the property's resilience. With ample parking and easy accessibility for customers, the property is primed for continued success. Boasting tremendous potential for future growth in the booming Houston economy, this investment represents an ideal opportunity for savvy investors looking to diversify their portfolio. Don't miss the chance to acquire this high-performing asset offering in the vibrant retail landscape.
Nestled in the bustling Sealy business district, this prime location offers an exceptional opportunity for retail and strip center investors. The property is surrounded by a vibrant commercial landscape, with nearby points of interest such as the Sealy Outlets and Sealy Retail Plaza. Additionally, the area enjoys close proximity to major attractions like Blinn College and the Sealy Historic Museum, ensuring a steady stream of local and visiting patrons. With its strategic placement near Highway 90, the location provides high visibility and convenient access for potential customers. This dynamic retail environment, coupled with the area's strong economic growth, make the Sealy Business Center a promising investment prospect for retail and strip center ventures.

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,620 SF
Building Class
C
Year Built
1900
Price
$1,983,368 CAD
Price Per SF
$186.76 CAD
Cap Rate
8.34%
NOI
$165,346 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
0.49 AC
Zoning
C1 - Commercial
Frontage
195’ on U.S. 90
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Starbucks
Hartz Chicken Buffet
Woodforest National Bank

Property Taxes

Property Taxes

Parcel Number
R000014253
Land Assessment
$92,292 CAD
Improvements Assessment
$824,080 CAD
Total Assessment
$671,224 CAD
  • Listing ID: 31049095

  • Date on Market: 2024-02-26

  • Last Updated:

  • Address: 418 Highway 90 W, Sealy, TX 77474

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