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7156 Lawndale St 2,705 SF Retail Building Houston, TX 77023 $675,548 CAD ($249.74 CAD/SF) 6.16% Cap Rate
Investment Highlights
- Single tenant occupied. 5 year lease expires 2030.
- 700+/- warehouse owner occupied
- Renovated 2024
Executive Summary
Prime investment opportunity. This triple-net leased freestanding building with warehouse. Proximity to greater east end Houston
Next to intersection of S 75th Street and Lawndale St. Busy area. Single tenant occupied. 5 year lease expires 2030. Fully tenant occupied.
700+/- sq feet warehouse currently owner is using for storage. Asking only 490K firm.
Please email for fast response.
Thanks.
Next to intersection of S 75th Street and Lawndale St. Busy area. Single tenant occupied. 5 year lease expires 2030. Fully tenant occupied.
700+/- sq feet warehouse currently owner is using for storage. Asking only 490K firm.
Please email for fast response.
Thanks.
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,705 SF
Building Class
C
Year Built/Renovated
1931/2024
Price
$675,548 CAD
Price Per SF
$249.74 CAD
Cap Rate
6.16%
NOI
$41,636 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.17 AC
Zoning
Opportunity Zone
Parking
10 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
29’ on Lawndale Street
Amenities
- Bus Line
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0410300000085 | Improvements Assessment | $197,001 CAD |
| Land Assessment | $170,732 CAD | Total Assessment | $367,733 CAD |
Property Taxes
Parcel Number
0410300000085
Land Assessment
$170,732 CAD
Improvements Assessment
$197,001 CAD
Total Assessment
$367,733 CAD
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7156 Lawndale St
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