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Point West Center 5700 S Gessner Dr 80,527 SF 100% Leased Retail Building Houston, TX 77036 $17,626,876 CAD ($218.89 CAD/SF) 7.62% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Grocery Anchored Center w/ Long Term Lease
  • New Roof on the Retail Center excluding Anchor & Pad
  • High Traffic Signalized Intersection
  • Below Market Rents

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
80,527 SF
Building Class
C
Year Built/Renovated
1979/2019
Price
$17,626,876 CAD
Price Per SF
$218.89 CAD
Cap Rate
7.62%
NOI
$1,343,471 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
5.53 AC
Zoning
none - n.a

AMENITIES

  • Signalized Intersection
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Bank of Hope
Frost Bank
La Michoacana Meat Market
Fiesta Mart
H Mart
7 Leaves Cafe
East West Bank
bb.q Chicken
Chase Bank
Truist Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1052550000002
Land Assessment
$3,546,335 CAD
Improvements Assessment
$4,145,473 CAD
Total Assessment
$7,691,808 CAD
  • Listing ID: 35690111

  • Date on Market: 2025-04-30

  • Last Updated:

  • Address: 5700 S Gessner Dr, Houston, TX 77036

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