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Salinas Business Center 834 Little York Rd 3,264 SF 100% Leased Retail Building Houston, TX 77076 $1,369,647 CAD ($419.62 CAD/SF) 6.64% Cap Rate
Investment Highlights
- Strong visibility on Little York Rd
- Strong surrounding population density
- High-traffic, established retail corridor
Executive Summary
Salinas Business Center is a fully occupied retail strip center located at 834 Little York Rd in Houston, TX. The property consists of four units totaling approximately 3,200 square feet, with each suite around 800 square feet. This is a stabilized investment with strong in-place income and minimal management required. The center benefits from good visibility along Little York Rd and serves a dense surrounding residential area, supporting consistent tenant demand. This property is ideal for investors looking for a straightforward, cash-flowing retail asset at an attractive price point.
For more information or to schedule a tour, please contact:
Noor Virani
713-256-9016
noor@viranirealtor.com
INVESTMENT HIGHLIGHTS
6.64% CAP Rate
$995,000 Asking Price
$66,110 NOI
Four Units | 800 SF Each
Total Building Size: 3,200 SF
Strong visibility on Little York Rd
High-traffic, established retail corridor
Ideal for passive investors seeking stable cash flow
For more information or to schedule a tour, please contact:
Noor Virani
713-256-9016
noor@viranirealtor.com
INVESTMENT HIGHLIGHTS
6.64% CAP Rate
$995,000 Asking Price
$66,110 NOI
Four Units | 800 SF Each
Total Building Size: 3,200 SF
Strong visibility on Little York Rd
High-traffic, established retail corridor
Ideal for passive investors seeking stable cash flow
Financial Summary (Actual - 2025) 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
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) 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 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,264 SF
Building Class
C
Year Built
2004
Price
$1,369,647 CAD
Price Per SF
$419.62 CAD
Cap Rate
6.64%
NOI
$91,002 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.24 AC
Zoning
F1 - Real, Commercial
Parking
11 Spaces (3.37 Spaces per 1,000 SF Leased)
Frontage
102’ on Little York Rd
Amenities
- 24 Hour Access
- Fenced Lot
- Signalized Intersection
- Tenant Controlled HVAC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1262510010001 | Improvements Assessment | $545,208 CAD |
| Land Assessment | $240,469 CAD | Total Assessment | $785,677 CAD |
Property Taxes
Parcel Number
1262510010001
Land Assessment
$240,469 CAD
Improvements Assessment
$545,208 CAD
Total Assessment
$785,677 CAD
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Salinas Business Center | 834 Little York Rd
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