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8549/8551 Almeda Rd 2 Retail Properties Offered at $3,452,082 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 $4,050 per month 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 6.65% pro forma cap rate, creating a compelling value-add opportunity for investors.
Highlights:
-Approximately 1,500 SF Subway leased through January 2031
-$4,050/month base rent from existing tenant
185,588 pro forma
-±4,000 SF vacant first-generation retail building
-Dark shell ready for tenant buildout
--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
-$4,050/month base rent from existing tenant
185,588 pro forma
-±4,000 SF vacant first-generation retail building
-Dark shell ready for tenant buildout
--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
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $3,452,082 CAD | Number of Properties | 2 |
| Price / SF | $627.65 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.65% | Total Building Size | 5,500 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.17 AC |
| Status | Active |
| Price | $3,452,082 CAD |
| Price / SF | $627.65 CAD / SF |
| Cap Rate | 6.65% |
| 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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