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Sagemont Plaza 11502-11600 Hughes Rd

26,806 SF 82% Leased Retail Building Houston, TX 77089 $2,500,000 ($93/SF)

Investment Highlights

  • Value Add Asset
  • surrounded by high density single family homes
  • High traffic counts
  • OWNER FINANCING AVAILABLE

Executive Summary

property being sold on a PSF basis. $90 PSF. OWNER FINANCING AVAILABLE!
HIGH UPSIDE with large acreage and below market rents. Close proximity to schools, shopping, and Beltway 8/45 south freeway corridor.

Attachments

LEASING FLYER

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
26,806 SF
Building Class
C
Year Built
1974
Price
$2,500,000
Price Per SF
$93
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.91 AC
Zoning
F1
Parking
121 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
518 FT on Beltway 8 Fwy

Amenities

  • Pylon Sign

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,200 SF
  • Retail
  • In-Line
  • Now
  • 1st Floor
  • 1,200 SF
  • Retail
  • In-Line
  • Now
  • 1st Floor
  • 2,400 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
1st Floor 1,200 SF Retail In-Line Now
1st Floor 1,200 SF Retail In-Line Now
1st Floor 2,400 SF Retail In-Line Now

1st Floor

Size
1,200 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size
1,200 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size
2,400 SF
Space Use
Retail
Position
In-Line
Available
Now

Nearby Major Retailers

Chase Bank
Starbucks
Kroger
IHOP
La Michoacana Meat Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0440640000069
Land Assessment
$666,992
Improvements Assessment
$2,108,008
Total Assessment
$2,775,000
  • Listing ID: 31494196

  • Date on Market: 4/12/2024

  • Last Updated:

  • Address: 11502-11600 Hughes Rd, Houston, TX 77089

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