Log In/Sign Up
Your email has been sent.
4519 Griggs Rd
Houston, TX 77021
Gordon Restaurant Market · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10-year base lease term with no landlord responsibilities.
- Gordon Restaurant Market is ideally positioned at the signalized intersection of Griggs Rd and Cullen Blvd.
- The Property is strategically located at the intersection of Griggs Rd & Cullen Blvd with easy access to several major highways in the Houston MSA inc
- Rent increases every year during the initial 10-year base lease term and the 3, 5-year options.
- Gordon Restaurant Market has incredible visibility along Griggs Rd, Cullen Blvd and Old Spanish Trail with exposure to over 50,000 cars per day. Ease
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
27,115 SF
Building Class
C
Year Built
1950
Price
$4,597,322 CAD
Price Per SF
$169.55 CAD
Cap Rate
6.75%
NOI
$310,319 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
2.95 AC
Opportunity Zone
Yes
Parking
152 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 0410070160018 | Improvements Assessment | $2,153,149 CAD |
| Land Assessment | $5,188,144 CAD | Total Assessment | $7,341,293 CAD |
PROPERTY TAXES
Parcel Number
0410070160018
Land Assessment
$5,188,144 CAD
Improvements Assessment
$2,153,149 CAD
Total Assessment
$7,341,293 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
