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The Crossing At Midtown 606 Dennis St 20,876 SF 100% Leased Retail Building Houston, TX 77006 For Sale
Investment Highlights
- Recently Renovated – Renovated in 2021 this property has very little if any deferred maintenance.
- Great Location and High Density – Located in the heart of Houston with over 528,000 people in a 5-mile radius.
- Turn-Key Value-Add – The property consists of suites that are delivered in excellent condition and ready for tenants with minimal need for tenant impr
- Offered Below Replacement Cost – Property is being advertised below what it would cost to buy and build new.
- Population Growth – Population in a 5-mile radius has increased 3.4% in the last 5 years and is projected to grow almost two percent for the next five
- Ample Parking – The property has 25 on-site parking spaces which can be rare for some Midtown projects.
Executive Summary
Patrick Graham
Matthews Real Estate Investment Services, Inc
License # 9005919, 528005 (TX)
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 9005919, 528005 (TX)
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
20,876 SF
Building Class
C
Year Built/Renovated
1965/2021
NOI
$493,390 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
1.00 AC
Zoning
None
Parking
25 Spaces (1.2 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 3,937 SF
- Retail
- -
- 30 Days
- 1st Floor
- 5,257 SF
- Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,937 SF | Retail | - | 30 Days |
| 1st Floor | 5,257 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 3,937 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size |
| 5,257 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0132500000013 | Improvements Assessment | $3,880,602 CAD |
| Land Assessment | $3,591,000 CAD | Total Assessment | $7,471,602 CAD |
Property Taxes
Parcel Number
0132500000013
Land Assessment
$3,591,000 CAD
Improvements Assessment
$3,880,602 CAD
Total Assessment
$7,471,602 CAD
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The Crossing At Midtown | 606 Dennis St
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