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5006 Louetta Rd
Spring, TX 77379
Retail Property For Sale
PROPERTY FACTS
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
- Tenant Controlled HVAC
About 5006 Louetta Rd , Spring, TX 77379
High Visibility, Very Busy Louetta Rd, block from Kuykendahl Rd Next to Discount Tire 80% full Retail center for quick Sale Blow the Market price and replacement cost, Property is only have one vacant space 3,100 SF.. We have one tenant currently occupying 2537 sqft behind the building and he paying gross $1806.00. the other 2 tenants Store front facing Louetta Rd signed 5 year lease occupying 4,073 SF Space paying Gross $ 4,200.00 and the 3rd tenants Occupying 1,200 SF Space with Gross Rent $1,600.00 a month. The current income is $7,606.00 per/month Gross Total $91,272.00 per/year The Tax, Ins and expenses $31000.00 per year. Current CAP 5.93% The performa base on 100% lease $10,106.00 per/month X12 = $121,272.00 per year.- $31,000.00 exp per year =$90,272.00 CAP 7.78% NOTE:-Please do not disturb tenant any inquiry feel free to call or text at 281-866-7000 or email: Ckhan@REMAX.net
PROPERTY TAXES
| Parcel Number | 1163090000004 | Improvements Assessment | $788,379 |
| Land Assessment | $725,880 | Total Assessment | $1,514,259 |
PROPERTY TAXES
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