4400 S South Loop E
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4400 S South Loop E
1,450 SF 100% Leased Retail Building Houston, TX 77033 $700,000 ($483/SF) 7.14% Cap Rate
Investment Highlights
- Located at the Intersection of 610 Loop and Cullen Blvd
- Tall Pylon metal posts sign
- Corner Lot
Executive Summary
OWNER FINANCING WITH $200,000 DOWN - Tenant is a Tire shop with 4 months left on a renewable lease (Pays $3,200 monthly now), Food Truck (Pays $1,000 monthly now)
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | - | - |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | - | - |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | - |
Annual Per SF | - |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | - |
Annual Per SF | - |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,450 SF
Building Class
C
Year Built
1965
Price
$700,000
Price Per SF
$483
Cap Rate
7.14%
NOI
$50,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.56 AC
Zoning
None - Commercial
Parking
10 Spaces (6.89 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
Parcel Number | 0451470010034 | Improvements Assessment | $181,044 (2023) |
Land Assessment | $217,899 (2023) | Total Assessment | $398,943 (2023) |
PROPERTY TAXES
Parcel Number
0451470010034
Land Assessment
$217,899 (2023)
Improvements Assessment
$181,044 (2023)
Total Assessment
$398,943 (2023)
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4400 S South Loop E
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