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Windmill Lakes 9820-9930 Windmill Lakes 12,393 SF 100% Leased Retail Building Houston, TX 77075 $3,320,640 CAD ($267.94 CAD/SF) 6% Cap Rate
Executive Summary
Multi-tenant rent roll provides diversified income from a mix of financial, retail, food service, and nonprofit tenants
100% occupied neighborhood shopping center providing stable in-place cash flow
NNN lease structure allows for expense recoveries, helping reduce landlord operating exposure
100% occupied neighborhood shopping center providing stable in-place cash flow
NNN lease structure allows for expense recoveries, helping reduce landlord operating exposure
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Building Size
12,393 SF
Building Class
B
Year Built
1985
Price
$3,320,640 CAD
Price Per SF
$267.94 CAD
Cap Rate
6%
NOI
$199,238 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.60 AC
Zoning
None - commercial
Parking
50 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1153030000010 | Improvements Assessment | $1,119,063 CAD |
| Land Assessment | $493,680 CAD | Total Assessment | $1,612,742 CAD |
Property Taxes
Parcel Number
1153030000010
Land Assessment
$493,680 CAD
Improvements Assessment
$1,119,063 CAD
Total Assessment
$1,612,742 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Lightning Group LLC
Windmill Lakes | 9820-9930 Windmill Lakes
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