2451 E Orem Dr
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2451 E Orem Dr
2,000 SF Retail Building Houston, TX 77047 $2,600,000 ($1,300/SF) 5% Cap Rate
Investment Highlights
- 46% population growth within 1 mile.
- Dense rooftop location.
- 147K+ VPD on Highway 288.
- $80K+ HHI within 1-mile.
Executive Summary
Brand new corporate Starbucks build to suit for sale.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,000 SF
Building Class
B
Year Built
2024
Price
$2,600,000
Price Per SF
$1,300
Cap Rate
5%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
0.85 AC
Parking
25 Spaces (12.5 Spaces per 1,000 SF Leased)
Frontage
150 FT on E. Orem Drive
Amenities
- Freeway Visibility
- Mezzanine
- Drive Thru
PROPERTY TAXES
| Parcel Number | 0451900000689 | Improvements Assessment | $0 |
| Land Assessment | $1,217,880 | Total Assessment | $1,217,880 |
PROPERTY TAXES
Parcel Number
0451900000689
Land Assessment
$1,217,880
Improvements Assessment
$0
Total Assessment
$1,217,880
-
Marc Peeler -
Taylor Hurd -
Joan Collum -
Cobo Fajardo -
Partners
1 of 4
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2451 E Orem Dr
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