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West Tidwell Plaza 7306 W Tidwell Rd 21,608 SF 100% Leased Retail Building Houston, TX 77040 $5,441,280 CAD ($251.82 CAD/SF) 8.18% Cap Rate
INVESTMENT HIGHLIGHTS
- GREAT VALUE ADD INVESTMENT OPPORTUNITY!!
- 3 stores vacant, 2 of them are first generation and 1 of them fully built out as medical office.
- Contact the listing agent for rent roll and for a showing appointment.
- Retail building of +/- 22,003 sf with a total of 8 stores including 3 vacancies that counts for a 40% of the space. All leases are gross.
- Land has room to potentially build a drive-thru store.
EXECUTIVE SUMMARY
Great value add investment opportunity. Retail shopping center of +/- 22,033 sf of total retail space with 3 vacancies, 2 of them first generation and one of them fully built out for medical office. Total space vacant is +/- 8,718 sf equal to almost 40% vacant. All leases are gross and can be turned into NNN with the renewal options. Land has room for potentially build a drive-thru store.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
21,608 SF
Building Class
B
Year Built
2005
Price
$5,441,280 CAD
Price Per SF
$251.82 CAD
Cap Rate
8.18%
NOI
$445,348 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
1.87 AC
Zoning
Commercial
Parking
61 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1076460000008 | Improvements Assessment | $3,059,946 CAD |
| Land Assessment | $2,268,366 CAD | Total Assessment | $5,328,312 CAD |
PROPERTY TAXES
Parcel Number
1076460000008
Land Assessment
$2,268,366 CAD
Improvements Assessment
$3,059,946 CAD
Total Assessment
$5,328,312 CAD
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West Tidwell Plaza | 7306 W Tidwell Rd
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