Retail/Office Building | 10266 North Fwy
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Retail/Office Building 10266 North Fwy
10,579 SF 100% Leased Retail Building Houston, TX 77037 $1,850,000 ($175/SF)
Investment Highlights
- Strategically positioned with direct frontage on North Freeway (I-45)
- VPD on North Fwy 253,820 and 18,800 on North Fwy Frontage Rd
- Redevelopment opportunity.
- High visibility, this property offers prime exposure to thousands of daily commuters
- Great opportunity to bring new tenants and current tenants to long-term leases.
Executive Summary
PRICE REDUCED, GREAT LOCATION $1,850,000.00
Seize this exceptional commercial investment opportunity in Houston, Texas. Located on the highly trafficked I-45 North freeway frontage road, this property benefits from exposure to over 240,000 vehicles daily. With neighboring high-profile establishments like McDonald's, Chick-fil-A, and Aldi, it’s a prime location for retail or other commercial ventures.
The property features a solid existing structure that can be easily repurposed into your own operation center or leased to various tenants looking to establish themselves in this high-demand area. Currently fully leased, it offers flexible leasing options—whether relocating existing tenants or extending their terms for long-term security. This makes it an attractive investment with potential for growth and profitability, whether maintaining the current structure or pursuing redevelopment.
The property is 100% leased, with a mix of yearly leases (ending in October-December 2024) and month-to-month agreements. Major tenants are open to renewing their leases, while the short-term options provide flexibility for future use or investment.
Cell phone tower and the billboard on site are not included in the sale.
Seize this exceptional commercial investment opportunity in Houston, Texas. Located on the highly trafficked I-45 North freeway frontage road, this property benefits from exposure to over 240,000 vehicles daily. With neighboring high-profile establishments like McDonald's, Chick-fil-A, and Aldi, it’s a prime location for retail or other commercial ventures.
The property features a solid existing structure that can be easily repurposed into your own operation center or leased to various tenants looking to establish themselves in this high-demand area. Currently fully leased, it offers flexible leasing options—whether relocating existing tenants or extending their terms for long-term security. This makes it an attractive investment with potential for growth and profitability, whether maintaining the current structure or pursuing redevelopment.
The property is 100% leased, with a mix of yearly leases (ending in October-December 2024) and month-to-month agreements. Major tenants are open to renewing their leases, while the short-term options provide flexibility for future use or investment.
Cell phone tower and the billboard on site are not included in the sale.
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,579 SF
Building Class
C
Year Built/Renovated
1984/2022
Price
$1,850,000
Price Per SF
$175
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.75 AC
Zoning
None - No zoning
Parking
30 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
137 FT on North Freeway Service Rd
Amenities
- Monument Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0393370000080 | Improvements Assessment | $808,609 (2023) |
| Land Assessment | $491,550 (2023) | Total Assessment | $1,300,159 (2023) |
PROPERTY TAXES
Parcel Number
0393370000080
Land Assessment
$491,550 (2023)
Improvements Assessment
$808,609 (2023)
Total Assessment
$1,300,159 (2023)
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Retail/Office Building | 10266 North Fwy
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