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Fat Floyds 206 W Houston St

3,116 SF Retail Building Cleveland, TX 77327 $1,600,000 ($513/SF) 5.25% Cap Rate

Retail Space Texas Cleveland 206 W Houston St, Cleveland, TX 77327

Investment Highlights

  • Heavy traffic area
  • Investment opportunity
  • Leased space

Executive Summary

Great investment opportunity. Located in a high traffic area with tenant under lease contract. Recently renovated and ready to move!

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,116 SF
Building Class
C
Year Built/Renovated
1977/2023
Price
$1,600,000
Price Per SF
$513
Cap Rate
5.25%
NOI
$84,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.41 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.
Zoning
None
Parking
37 Spaces (11.87 Spaces per 1,000 SF Leased)
Frontage
149 FT on W Houston

Amenities

  • Restaurant
  • Signage
  • Air Conditioning
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Nearby Major Retailers

Prosperity Bank
Austin Bank
Brookshire Brothers
CrossFit
H-E-B
Buddy's Home Furnishings
Woodforest National Bank

PROPERTY TAXES

Parcel Number 000139-000019-000 Improvements Assessment $266,830
Land Assessment $115,150 Total Assessment $381,980

PROPERTY TAXES

Parcel Number
000139-000019-000
Land Assessment
$115,150
Improvements Assessment
$266,830
Total Assessment
$381,980
(832) 579-7197

Contact

  • Listing ID: 33679661

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 206 W Houston St, Cleveland, TX 77327

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Fat Floyds | 206 W Houston St
(832) 579-7197 x

Fat Floyds | 206 W Houston St

Robbie Harris

(832) 579-7197

(832) 579-7197

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