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8549/8551 Almeda Rd 2 Retail Properties Offered at $3,869,761 CAD in Houston, TX
Investment Highlights
- Immediate Acces to I-610
- High Visibility Along Almeda Rd
- Centrally located near Downtown, Midtown & Medical Center
Executive Summary
Excellent investment opportunity in a highly visible location near I-610 with direct frontage on Almeda Rd. Property includes a 1,500 SF Subway with a lease in place through January 2031, generating $4,500 per month in base rent, along with a vacant ±4,000 SF first-generation retail building delivered in dark shell condition. Based on projected lease-up of the vacant space, the property offers a 6.64% pro forma cap rate, creating a compelling value-add opportunity for investors.
Highlights:
-Approximately 1,500 SF Subway leased through January 2031
-$4,500/month base rent from existing tenant
-±4,000 SF vacant first-generation retail building
-Dark shell ready for tenant buildout
-6.64% Pro Forma Cap Rate
-25 parking spaces
-Two curb cuts for easy ingress/egress
-Excellent visibility near I-610 and Almeda Rd
-Value-add investment or owner-user opportunity
Highlights:
-Approximately 1,500 SF Subway leased through January 2031
-$4,500/month base rent from existing tenant
-±4,000 SF vacant first-generation retail building
-Dark shell ready for tenant buildout
-6.64% Pro Forma Cap Rate
-25 parking spaces
-Two curb cuts for easy ingress/egress
-Excellent visibility near I-610 and Almeda Rd
-Value-add investment or owner-user opportunity
Property Facts
| Price | $3,869,761 CAD | Number of Properties | 2 |
| Price / SF | $703.59 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.64% | Total Building Size | 5,500 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.17 AC |
| Status | Active |
| Price | $3,869,761 CAD |
| Price / SF | $703.59 CAD / SF |
| Cap Rate | 6.64% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,500 SF |
| Total Land Area | 1.17 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 8551 Almeda Rd, Houston, TX 77054 | Retail | 4,000 SF | 2015 | - |
| 8549 Almeda Rd, Houston, TX 77054 | Retail | 1,500 SF | 2026 | - |
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8549/8551 Almeda Rd
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