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7524 Hillcroft 7524 Hillcroft St 7,924 SF 100% Leased Retail Building Houston, TX 77081 $1,464,960 CAD ($184.88 CAD/SF) 7.60% Cap Rate
INVESTMENT HIGHLIGHTS
- 120,000 plus daily traffic
- location, location, location
- lots of potential to improve and increase NOP
EXECUTIVE SUMMARY
Investor special! Priced to sell in "as is condition" 7,924 sq ft total / 4 doors for lease building. fully occupied, 3 doors currently on a 2-3 years lease contract, 1 doors is leased on a 12 month contract .A gold mine for a store front, 120,000 plus daily traffic count, selling as is.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
7,924 SF
Building Class
C
Year Built/Renovated
1982/2022
Price
$1,464,960 CAD
Price Per SF
$184.88 CAD
Cap Rate
7.60%
NOI
$111,386 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.37 AC
Opportunity Zone
Yes
Parking
22 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
108’ on HILLCROFT
AMENITIES
- Bus Line
- Fenced Lot
- Signage
- Air Conditioning
ABOUT 7524 HILLCROFT ST , HOUSTON, TX 77081
Investor special! Priced to sell in "as is condition" 7,924 sq ft total / 4 doors for lease building. 3 doors currently on a 2-3 years lease contract, (door 1 a gym and events center$2000/mo, Door 2 a storage $1800, Door 3 barber shop $2000/mo, Door 4 a paint store $2,500/mo) A gold mine for a store front, 120,000 plus daily traffic count, selling as is. it used to be a furniture store. lots of potential if remodeled, the rents could be increased. call us to schedule a viewing.
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- GYM
- -
-
99,999 SF
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| GYM | - | 99,999 SF | - | Jan 0000 |
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0520040050008 | Improvements Assessment | $1,035,625 CAD (2025) |
| Land Assessment | $329,836 CAD (2025) | Total Assessment | $1,365,462 CAD (2025) |
PROPERTY TAXES
Parcel Number
0520040050008
Land Assessment
$329,836 CAD (2025)
Improvements Assessment
$1,035,625 CAD (2025)
Total Assessment
$1,365,462 CAD (2025)
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7524 Hillcroft | 7524 Hillcroft St
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