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6050 39th St 13,616 SF Vacant Retail Building Groves, TX 77619 $752,801 CAD ($55.29 CAD/SF)
Investment Highlights
- Heavy Daytime Traffic
- Value Add Property
- Signalized Corner
Executive Summary
Property Information:
Built in 1973 - 2 Structures on 0.9642 AC
3945 Main:
3,616 SF Full Service Gas Station/Convenience Store with Restaurant Tenant in place
6039 39th Street:
10,000 SF Office /Retail Building with Parking Lot
6050 39th Street:
0.28 AC lot - Ground Lease in Place - Chico's Patio
Steady traffic on Main Street and 39th Street with 7,803 Cars per day
Zoned: General Light Commercial *should be verified with the City of Groves
Income Producing Property/Value Add - Ready For Renovations!
Built in 1973 - 2 Structures on 0.9642 AC
3945 Main:
3,616 SF Full Service Gas Station/Convenience Store with Restaurant Tenant in place
6039 39th Street:
10,000 SF Office /Retail Building with Parking Lot
6050 39th Street:
0.28 AC lot - Ground Lease in Place - Chico's Patio
Steady traffic on Main Street and 39th Street with 7,803 Cars per day
Zoned: General Light Commercial *should be verified with the City of Groves
Income Producing Property/Value Add - Ready For Renovations!
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$27,922
|
$2.05
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$27,922
|
$2.05
|
| Taxes |
$15,903
|
$1.17
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,903
|
$1.17
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $27,922 |
| Annual Per SF | $2.05 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $27,922 |
| Annual Per SF | $2.05 |
| Taxes (CAD) | |
|---|---|
| Annual | $15,903 |
| Annual Per SF | $1.17 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,903 |
| Annual Per SF | $1.17 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
13,616 SF
Building Class
C
Year Built
1973
Price
$752,801 CAD
Price Per SF
$55.29 CAD
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.96 AC
Zoning
C2 - General Light Commercial
Parking
12 Spaces (0.88 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Chico's Patio
- Accommodation and Food Services
- 12,196 SF
- $0.05 CAD
- Modified Gross
- -
- Monceaux's
- Accommodation and Food Services
- 1,000 SF
- $1.65 CAD
- Modified Gross
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Chico's Patio | Accommodation and Food Services | 12,196 SF | $0.05 CAD | Modified Gross | - | |
| Monceaux's | Accommodation and Food Services | 1,000 SF | $1.65 CAD | Modified Gross | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 066050-000-000100-00000 | Total Assessment | $716,315 CAD (2025) |
| Land Assessment | $142,695 CAD (2025) | Annual Taxes | $15,903 CAD ($1.17 CAD/SF) |
| Improvements Assessment | $573,620 CAD (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
066050-000-000100-00000
Land Assessment
$142,695 CAD (2025)
Improvements Assessment
$573,620 CAD (2025)
Total Assessment
$716,315 CAD (2025)
Annual Taxes
$15,903 CAD ($1.17 CAD/SF)
Tax Year
2023
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6050 39th St
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