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Point West Center 5700 S Gessner Dr 80,527 SF 100% Leased Retail Building Houston, TX 77036 $17,729,896 CAD ($220.17 CAD/SF) 7.86% Cap Rate
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
$17,729,896 CAD
Price Per SF
$220.17 CAD
Cap Rate
7.86%
NOI
$1,393,503 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
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1052550000002 | Improvements Assessment | $4,023,149 CAD |
| Land Assessment | $3,441,690 CAD | Total Assessment | $7,464,839 CAD |
Property Taxes
Parcel Number
1052550000002
Land Assessment
$3,441,690 CAD
Improvements Assessment
$4,023,149 CAD
Total Assessment
$7,464,839 CAD
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Point West Center | 5700 S Gessner Dr
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