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8604 Jensen Dr 6,200 SF Retail Building Houston, TX 77093 $613,985 CAD ($99.03 CAD/SF) 13.43% Cap Rate
Investment Highlights
- Heavy traffic on the weekends
- Business included in the sale – step right in and take over
- All furnishings, lighting, sound system, and equipment included
Executive Summary
Excellent opportunity to acquire a 5,150 SF freestanding commercial building situated on a 6,660 SF lot in Houston, TX. The property is fully built out as a bar/live music venue and is currently leased at $6,000 per month (gross) through December 31, 2026, with an option to renew—providing immediate, stabilized cash flow from day one.
Offered at $450,000, the property reflects a 13.43% cap rate based on current NOI of $60,414.
The building features an open floor plan with stage area, large bar setup, lounge sections, and approximately 200-person occupancy capacity. Improvements include sound and security systems and a 4-year-old HVAC system. The tenant is responsible for most repairs and day-to-day maintenance, making this a largely low-management investment.
Survey available. Owner financing may be considered.
Ideal for investors seeking strong yield with limited landlord responsibilities and future upside potential.
Offered at $450,000, the property reflects a 13.43% cap rate based on current NOI of $60,414.
The building features an open floor plan with stage area, large bar setup, lounge sections, and approximately 200-person occupancy capacity. Improvements include sound and security systems and a 4-year-old HVAC system. The tenant is responsible for most repairs and day-to-day maintenance, making this a largely low-management investment.
Survey available. Owner financing may be considered.
Ideal for investors seeking strong yield with limited landlord responsibilities and future upside potential.
Financial Summary (Actual - 2026) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
6,200 SF
Building Class
C
Year Built
1952
Price
$613,985 CAD
Price Per SF
$99.03 CAD
Cap Rate
13.43%
NOI
$82,458 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.95
Lot Size
0.15 AC
Opportunity Zone
Yes
Parking
5 Spaces (0.81 Spaces per 1,000 SF Leased)
Frontage
37’ on Jensen Drive
Amenities
- Signage
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 0422260030027 | Total Assessment | $594,211 CAD (2025) |
| Land Assessment | $109,363 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $484,849 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
0422260030027
Land Assessment
$109,363 CAD (2025)
Improvements Assessment
$484,849 CAD (2025)
Total Assessment
$594,211 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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8604 Jensen Dr
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