17381 Tomball Pky
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17381 Tomball Pky
7,684 SF Retail Building Houston, TX 77064 $4,150,000 ($540/SF) 6.90% Cap Rate
Executive Summary
Welcome to an exciting opportunity in the heart of Willow Brook Plaza, just off the bustling 249 highway. This property boasts a strategic location, offering high visibility and easy accessibility for potential customers. Currently undergoing transformation by seasoned restaurateurs, this empty building is being meticulously crafted into a vibrant dining establishment. The tenants behind this venture bring with them a track record of success in the culinary world, ensuring that this space will soon become a culinary hotspot. Beyond its potential as a thriving restaurant, this property presents an excellent investment opportunity, with the prospect of long-term returns in a rapidly developing area. Enquire now to secure your spot in this sought-after location!
https://www.houstonchronicle.com/news/houston-texas/article/top-alcohol-sellers-woodlands-katy-pearland-18665205.php
https://www.houstonchronicle.com/news/houston-texas/article/top-alcohol-sellers-woodlands-katy-pearland-18665205.php
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,684 SF
Building Class
B
Year Built
2009
Price
$4,150,000
Price Per SF
$540
Cap Rate
6.90%
NOI
$286,350
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.42 AC
Zoning
N/Ap - No zoning
Parking
45 Spaces (6.24 Spaces per 1,000 SF Leased)
Frontage
176 FT on Gessner Rd
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1196010020005 | Improvements Assessment | $1,534,208 |
Land Assessment | $275,730 | Total Assessment | $1,809,938 |
PROPERTY TAXES
Parcel Number
1196010020005
Land Assessment
$275,730
Improvements Assessment
$1,534,208
Total Assessment
$1,809,938
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17381 Tomball Pky
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