Lone Pint Brewery | 507 Commerce St
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Lone Pint Brewery 507 Commerce St
5,360 SF 100% Leased Retail Building Magnolia, TX 77355 $1,000,000 ($187/SF) 3% Cap Rate
Investment Highlights
- Located on Magnolia Stroll
- Corner Lot
Executive Summary
Business is not for sale. Lone Pint Brewery leased through December 31, 2026. Adjacent lot/building at 507 Magnolia Blvd. also for sale for additional sale amount.
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 |
Taxes | $99,999 | $9.99 |
Operating Expenses | - | - |
Total Expenses | $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 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,360 SF
Building Class
C
Year Built/Renovated
1983/2008
Price
$1,000,000
Price Per SF
$187
Cap Rate
3%
NOI
$30,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.51
Lot Size
0.24 AC
Zoning
Magnolia Town Center - Mixed commercial, civic, and residential uses, Commercial retail & office, Public/institutional, Entertainment, Public Spaces
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Lone Pint Brewery
- Manufacturing
- 99,999 SF
- $9.99
- Lorem Ipsum
- Jan 0000
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Lone Pint Brewery | Manufacturing | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 7120-00-11600 | Total Assessment | $229,000 |
Land Assessment | $62,100 | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $166,900 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
7120-00-11600
Land Assessment
$62,100
Improvements Assessment
$166,900
Total Assessment
$229,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Lone Pint Brewery | 507 Commerce St
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