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520 W Main St 609 SF Retail Building Tomball, TX 77375 $1,216,241 CAD ($1,997.11 CAD/SF) 7% Cap Rate
EXECUTIVE SUMMARY
DeNovo Coffee Property
Income Producing Commercial Property
Address: 520 West Main Street, Tomball, TX 77375
Leased to DeNovo Coffee Company with a 9 year NNN lease
HCAD Parcel: 1372 0400 10011
Price: $875,000.00
Cap rate per owner: 7.0%
Price per sq. ft.: $42.00 [land only]
Land Acreage: .48 acres
Land sq. ft.: 21,000 sq. ft.
Zoning: OT & MU (Old Town & Mixed Use)
Parking: Adequate
Curb Cuts: 1 - FM 2920 (Main Street)
1 - N Magnolia Street
**Seller Prefers All Cash or 1031 Exchange Buyer**
Short-term owner financing available for qualified buyers.
Located on Main St (FM 2920) in the heart of Downtown Tomball.
Less than one mile from Hwy 249 (Tomball Parkway).
Income Producing Commercial Property
Address: 520 West Main Street, Tomball, TX 77375
Leased to DeNovo Coffee Company with a 9 year NNN lease
HCAD Parcel: 1372 0400 10011
Price: $875,000.00
Cap rate per owner: 7.0%
Price per sq. ft.: $42.00 [land only]
Land Acreage: .48 acres
Land sq. ft.: 21,000 sq. ft.
Zoning: OT & MU (Old Town & Mixed Use)
Parking: Adequate
Curb Cuts: 1 - FM 2920 (Main Street)
1 - N Magnolia Street
**Seller Prefers All Cash or 1031 Exchange Buyer**
Short-term owner financing available for qualified buyers.
Located on Main St (FM 2920) in the heart of Downtown Tomball.
Less than one mile from Hwy 249 (Tomball Parkway).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
609 SF
Year Built
2016
Price
$1,216,241 CAD
Price Per SF
$1,997.11 CAD
Cap Rate
7%
NOI
$85,137 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.48 AC
Zoning
Commercial - Zoning: OT & MU (Old Town & Mixed Use)
Commercial / Building Type: Restaurant Fast Food
Parking
5 Spaces (8.21 Spaces per 1,000 SF Leased)
Frontage
150’ on F. M. 2920 / W. Main St.
AMENITIES
- Drive Thru
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1372040010001 | Improvements Assessment | $279,841 CAD |
| Land Assessment | $230,961 CAD | Total Assessment | $510,803 CAD |
PROPERTY TAXES
Parcel Number
1372040010001
Land Assessment
$230,961 CAD
Improvements Assessment
$279,841 CAD
Total Assessment
$510,803 CAD
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