Log In/Sign Up
Your email has been sent.
7502 Synott Rd 2,400 SF Retail Building Houston, TX 77083 $1,356,839 CAD ($565.35 CAD/SF) 10% Cap Rate
Investment Highlights
- Ample of parking
- Great location
- Corner lot
Executive Summary
Exceptional opportunity to acquire or lease a well-established automotive service center in Houston's thriving International District. This turnkey operation includes all essential tools and equipment, providing immediate income potential and an attractive return for an owner-operator or investor. Family-owned and successfully operated for more than 10 years, the business has built a loyal customer base and a strong reputation within the community. The property features a 14,480-square-foot lot and a 2,400-square-foot building, including comfortable living quarters with 1 bedroom, 1 bathroom, and a full kitchen. The facility is equipped with four service bays and three vehicle lifts, making it ready for continued operations from day one.
Sale asking: $960,000 (included real estate)
Lease Option Available: $6,000/month + NNN
FF&E: $80,000, Inventory: Approximately $1,000
The owner is retiring, creating an outstanding opportunity for a new owner to step into an established, profitable business with proven cash flow and growth potential.
Sale asking: $960,000 (included real estate)
Lease Option Available: $6,000/month + NNN
FF&E: $80,000, Inventory: Approximately $1,000
The owner is retiring, creating an outstanding opportunity for a new owner to step into an established, profitable business with proven cash flow and growth potential.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1979/2017
Price
$1,356,839 CAD
Price Per SF
$565.35 CAD
Cap Rate
10%
NOI
$135,684 CAD
Business Value
$138,453 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.34 AC
Zoning
C
Amenities
- Dedicated Turn Lane
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Thanh Q Luu
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Thanh Q Luu | - | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1123870000026 | Improvements Assessment | $237,066 CAD |
| Land Assessment | $173,387 CAD | Total Assessment | $410,454 CAD |
Property Taxes
Parcel Number
1123870000026
Land Assessment
$173,387 CAD
Improvements Assessment
$237,066 CAD
Total Assessment
$410,454 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Uniq Realty
7502 Synott Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.