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7122 Lawndale St 5,288 SF 100% Leased Retail Building Houston, TX 77023 $1,629,600 CAD ($308.17 CAD/SF) 5.88% Cap Rate



Investment Highlights
- Busy area. 100% occupied.
Executive Summary
Prime investment opportunity in Houston’s thriving Greater East End. This triple-net leased retail property is strategically located at the busy intersection of S 75th Street and Lawndale Street, benefiting from strong visibility and consistent traffic.
The property is 100% occupied with stable tenants in place, providing immediate, reliable income.
Scheduled rent increases in 2027 are projected to bring the cap rate to approximately 8%, offering future upside for investors.
For more information, please email with any questions.
7122 & 7124 Lawndale St, Houston, TX 77023
The property is 100% occupied with stable tenants in place, providing immediate, reliable income.
Scheduled rent increases in 2027 are projected to bring the cap rate to approximately 8%, offering future upside for investors.
For more information, please email with any questions.
7122 & 7124 Lawndale St, Houston, TX 77023
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,288 SF
Building Class
C
Year Built/Renovated
1950/2022
Price
$1,629,600 CAD
Price Per SF
$308.17 CAD
Cap Rate
5.88%
NOI
$95,739 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.34 AC
Parking
20 Spaces (3.78 Spaces per 1,000 SF Leased)
Frontage
93’ on Lawndale St
Amenities
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0410300000420 | Improvements Assessment | $647,722 CAD |
| Land Assessment | $307,562 CAD | Total Assessment | $955,283 CAD |
Property Taxes
Parcel Number
0410300000420
Land Assessment
$307,562 CAD
Improvements Assessment
$647,722 CAD
Total Assessment
$955,283 CAD
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7122 Lawndale St
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