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Kingwood Docks 4550 & 4625 Kingwood Dr 27,623 SF 100% Leased Retail Building Kingwood, TX 77345 $17,952,371 CAD ($649.91 CAD/SF) 6.49% Cap Rate
Investment Highlights
- Shadow anchored by new HEB and 45,000 SF Memorial Hermann Care Center
- The location is surrounded by a wealth of amenities, including Starbucks, Randalls, Chick-fil-a, O’reilly, Whataburger, Cane’s
- Situated on Kingwood Dr, the building enjoys a highly desirable and easily accessible location in the heart of Kingwood, TX
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
27,623 SF
Building Class
C
Year Built
2023
Price
$17,952,371 CAD
Price Per SF
$649.91 CAD
Cap Rate
6.49%
NOI
$1,164,385 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
8.38 AC
Parking
184 Spaces (6.66 Spaces per 1,000 SF Leased)
Frontage
827’ on Kingwood Drive
Amenities
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1183580010001 | Improvements Assessment | $8,474,799 CAD |
| Land Assessment | $963,048 CAD | Total Assessment | $9,437,848 CAD |
Property Taxes
Parcel Number
1183580010001
Land Assessment
$963,048 CAD
Improvements Assessment
$8,474,799 CAD
Total Assessment
$9,437,848 CAD
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Kingwood Docks | 4550 & 4625 Kingwood Dr
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