1410 1st St E
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1410 1st St E
3,108 SF Retail Building Humble, TX 77338 $1,030,000 ($331/SF) 7.25% Cap Rate
Investment Highlights
- Recently updated
- Located on main avenue
- Very open concept
Executive Summary
This presents a compelling investment prospect: a NNN lease asset situated on First St in Humble. Currently in the initial year of a five-year lease, the tenant's performance has been exceptional, underscoring the promising nature of this site. Positioned amidst vibrant commercial activity, the property offers significant potential for long-term growth. Meticulously maintained by the owner with numerous updates, this opportunity is being offered with a blended rate at a 7.25% capitalization rate.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,108 SF
Building Class
B
Year Built
1984
Price
$1,030,000
Price Per SF
$331
Cap Rate
7.25%
NOI
$74,675
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.54 AC
Zoning
Commercial - Food Service
Parking
36 Spaces (11.58 Spaces per 1,000 SF Leased)
Frontage
109 FT on FM Business 1960
Amenities
- Restaurant
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- La Haciendita
- Accommodation and Food Services
- 99,999 SF
- -
- Lorem Ipsum
- Jan 0000
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
La Haciendita | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $743,514 | |
Land Assessment | $358,395 | Total Assessment | $1,101,909 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$358,395
Improvements Assessment
$743,514
Total Assessment
$1,101,909
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1410 1st St E
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