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10901 W Fairmont Pky
11,100 SF 82% Leased Retail Building La Porte, TX 77571 $3,250,000 ($293/SF)
Investment Highlights
- Highly visible and accessible location
- Surrounded by Households and directly across the Pkwy is a Major Industrial complex
- Gas Station and Drive-Thru Quick Service Restaurant
Executive Summary
Grab the opportunity to acquire real estate and business operations of three well-established businesses and the potential to lease the un-utilized space to increase NOI. This property offers investors a significant opportunity to cash flow from day one, bolster profitability and capitalize on both immediate and long-term returns.
Owner might consider to sell Gas Station separately for $2.5M. Short term owner financing might be possible.
Property Facts
Amenities
- 24 Hour Access
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Excellent location to start a vape shop. The property is minutes to HEB and Walmart and the main advantage of the property is it visibility and W Fairmount parkway frontage. The other existing business in the property is running excellent.
1100 sq.-feet completely build out. It was operated as a liquor store earlier, adjacent 900 sq.-feet is shell space, Landlord is willing to lease is together or separate. Will consider giving the tenant improvement allowance or/ build out.
| Space | Size | Space Use | Position | Available |
| Ground | 900 SF | Retail | In-Line | Now |
| Ground | 900-1,100 SF | Retail | - | Now |
Ground
| Size |
| 900 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Ground
| Size |
| 900-1,100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Ground
| Size | 900 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Excellent location to start a vape shop. The property is minutes to HEB and Walmart and the main advantage of the property is it visibility and W Fairmount parkway frontage. The other existing business in the property is running excellent.
Ground
| Size | 900-1,100 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
1100 sq.-feet completely build out. It was operated as a liquor store earlier, adjacent 900 sq.-feet is shell space, Landlord is willing to lease is together or separate. Will consider giving the tenant improvement allowance or/ build out.
PROPERTY TAXES
| Parcel Number | 1277940010001 | Improvements Assessment | $1,542,568 |
| Land Assessment | $336,385 | Total Assessment | $1,878,953 |
PROPERTY TAXES
-
John Varghese -
Prompt Realty and Mortgage Inc
Presented by
10901 W Fairmont Pky
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