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+/- 7,336 SF C-Store/Auto Shop on 2.44 Acres 1815 W Mount Houston Rd

7,336 SF 100% Leased Retail Building Houston, TX 77038 $2,500,000 ($341/SF)

Retail Space Texas Houston 1815 W Mount Houston Rd, Houston, TX 77038

Investment Highlights

  • Transitioning area with new public and private developments within the area. Large public school complex coming in across the street.
  • There is NO Fuel Supply Agreement which allows opportunities for new owner to make a new deal for fuel, brand, incentives, upgrades and grow sales vol
  • Property has had 2 Fiberglass Tanks (10,000 and 12,000 Gallons) since 1993. 4 Gilbarco MPDs (2010).
  • C-store fuel volume is estimated at 15-20k gals/month, per owner.
  • Auto shop currently pays $4,200/month on a month-to-month lease.
  • Located in the 100 Year Floodplain, per FEMA. Excellent visibility on W. Mount Houston, and about 1.2 Mi to I45.

Executive Summary

Well established (20+ years) C-Store Tenant in place. C-store currently pays $5,200/month in rent and has 14 months left on lease. Tenant would like to renew or potentially buy the property. C-store is currently producing roughly $70k/month with good margins (estimate), excluding lottery sales, per owner.

Attachments

1815 West Mount Houston flyer CURRENT

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,336 SF
Building Class
C
Year Built
1993
Price
$2,500,000
Price Per SF
$341
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Land Acres
2.44 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Frontage
65 FT on 249
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1815 W Mount Houston Rd, Houston, TX - aerial map view - Image1
1815 W Mount Houston Rd, Houston, TX - aerial map view - Image2
1815 W Mount Houston Rd, Houston, TX - aerial map view - Image3

PROPERTY TAXES

Parcel Number 0462400000244 Improvements Assessment $333,615
Land Assessment $1,227,803 Total Assessment $1,561,418

PROPERTY TAXES

Parcel Number
0462400000244
Land Assessment
$1,227,803
Improvements Assessment
$333,615
Total Assessment
$1,561,418
(713) 473-7200 x104

  • Listing ID: 30888664

  • Date on Market: 2/6/2024

  • Last Updated:

  • Address: 1815 W Mount Houston Rd, Houston, TX 77038

More public record information on 1815 W Mount Houston Rd, Houston, TX 77038

The Retail Property at 1815 W Mount Houston Rd, Houston, TX 77038 is currently available For Sale. Contact Texas CRES LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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+/- 7,336 SF C-Store/Auto Shop on 2.44 Acres | 1815 W Mount Houston Rd
(713) 473-7200 x 104

+/- 7,336 SF C-Store/Auto Shop on 2.44 Acres | 1815 W Mount Houston Rd

1/2

Joel C. English

(713) 473-7200

x104

(713) 473-7200 x104

Doug Larson

(713) 824-3799

(713) 824-3799

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