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Clay Plaza 9401 Clay Rd 10,000 SF 88% Leased Retail Building Houston, TX 77080 $3,819,872 CAD ($381.99 CAD/SF) 6.28% Cap Rate
Executive Summary
Clay Plaza is 88% percent leased, and all leases are triple-net. Tenants are a complementary mix of internet-resistant and service-oriented businesses. The building is 2005 construction featuring an attractive architectural design and is situated on .65 acres with ample paved parking. A large double-sided monument sign provides additional exposure to the center. VALUE ADD with under market rents!
Clay Plaza is located on Clay Road, near the intersection with Blalock Street. Traffic counts exceed 25,000 vehicles per day in front of the property. The subject property is near many national and regional retailers including HEB, Kroger, LAFitness, Walgreens, Aldi, Starbucks, KFC, and many others. The surrounding area has desirable demographics, serving a dense residential area with 120,951, residents within three miles and 330,046residents within five miles of the property.
Clay Plaza is located on Clay Road, near the intersection with Blalock Street. Traffic counts exceed 25,000 vehicles per day in front of the property. The subject property is near many national and regional retailers including HEB, Kroger, LAFitness, Walgreens, Aldi, Starbucks, KFC, and many others. The surrounding area has desirable demographics, serving a dense residential area with 120,951, residents within three miles and 330,046residents within five miles of the property.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
C
Year Built
2006
Price
$3,819,872 CAD
Price Per SF
$381.99 CAD
Cap Rate
6.28%
NOI
$239,754 CAD
Percent Leased
88%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.65 AC
Zoning
GC
Parking
30 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Space Availability
- Space
- Size
- Space Use
- Position
- Available
SECOND GENERATION HAIR SALON SPACE WITH EQUIPMENT!
| Space | Size | Space Use | Position | Available |
| 150 | 1,200 SF | Retail | - | Now |
150
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
150
| Size | 1,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
SECOND GENERATION HAIR SALON SPACE WITH EQUIPMENT!
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 0930770000008 | Improvements Assessment | $1,625,133 CAD |
| Land Assessment | $395,062 CAD | Total Assessment | $2,020,195 CAD |
Property Taxes
Parcel Number
0930770000008
Land Assessment
$395,062 CAD
Improvements Assessment
$1,625,133 CAD
Total Assessment
$2,020,195 CAD
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Clay Plaza | 9401 Clay Rd
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