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West Tidwell Plaza 7306 W Tidwell Rd 21,608 SF 60% Leased Retail Building Houston, TX 77040 $4,200,000 ($194.37/SF) 7.60% Cap Rate
INVESTMENT HIGHLIGHTS
- GREAT VALUE ADD INVESTMENT OPPORTUNITY!!
- 3 stores vacant, 2 of them are first generation and 1 of them fully built out as medical office.
- Contact the listing agent for rent roll and for a showing appointment.
- Retail building of +/- 22,003 sf with a total of 8 stores including 3 vacancies that counts for a 40% of the space. All leases are gross.
- Land has room to potentially build a drive-thru store.
EXECUTIVE SUMMARY
Great value add investment opportunity. Retail shopping center of +/- 22,033 sf of total retail space with 3 vacancies, 2 of them first generation and one of them fully built out for medical office. Total space vacant is +/- 8,718 sf equal to almost 40% vacant. All leases are gross and can be turned into NNN with the renewal options. Land has room for potentially build a drive-thru store.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
21,608 SF
Building Class
B
Year Built
2005
Price
$4,200,000
Price Per SF
$194.37
Cap Rate
7.60%
NOI
$319,200
Percent Leased
60%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
1.87 AC
Zoning
Commercial
Parking
61 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 300
- 3,500 SF
- Retail
- In-Line
- Now
This space is already set up for a medical office and can be used for dental, veterinary, medical and any other similar business.
- 500
- 2,208 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 300 | 3,500 SF | Retail | In-Line | Now |
| 400 | 3,010 SF | Office/Medical | - | Now |
| 500 | 2,208 SF | Retail | In-Line | Now |
300
| Size |
| 3,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
400
| Size |
| 3,010 SF |
| Space Use |
| Office/Medical |
| Position |
| - |
| Available |
| Now |
500
| Size |
| 2,208 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
400
| Size | 3,010 SF |
| Space Use | Office/Medical |
| Position | - |
| Available | Now |
This space is already set up for a medical office and can be used for dental, veterinary, medical and any other similar business.
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1076460000008 | Improvements Assessment | $2,007,272 |
| Land Assessment | $1,608,645 | Total Assessment | $3,615,917 |
PROPERTY TAXES
Parcel Number
1076460000008
Land Assessment
$1,608,645
Improvements Assessment
$2,007,272
Total Assessment
$3,615,917
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West Tidwell Plaza | 7306 W Tidwell Rd
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