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Shops At 7003 Harrisburg 7003 Harrisburg Blvd

7,000 SF Retail Building Houston, TX 77011 $2,650,000 ($379/SF) 7.02% Cap Rate

Investment Highlights

  • Property located in the heart of the Eado District
  • Easy access to major highways
  • Surrounded by new residential developments
  • Prime location in front of Metro Rail station
  • Close Proximity to Downtown/Minute Maid Park/ Toyota Center

Executive Summary

PRIME INVESTMENT OPPORTUNITY IN EADO
NEW PNC BANK 10 YEAR LEASE
ONE YEAR MASTER LEASE
CLOSE TO MAJOR HIGHWAY ARTERY AND MINUTES TO DOWNTOWN HOUSTON

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
2007
Price
$2,650,000
Price Per SF
$379
Cap Rate
7.02%
NOI
$186,054
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
None
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
96 FT on Harrisburg Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • -
  • -
  • Triple Net
  • -

PNC offers a wide range of services for all their customers, from individuals and small businesses, to corporations and government entities. No matter how simple or complicated customers needs, they're sure to have the products, knowledge and resources necessary for financial success. At PNC, strong values are fundamental to the success of their company. They are continuously finding new ways - through their products, services and community efforts - to prioritize customers, communities and shareholders. PNC is the product of a merger of two distinguished Pennsylvania banks in 1983: Pittsburgh National Corporation and Provident National Corporation based in Philadelphia. Each of these institutions had served diverse markets so that merger creating PNC also became the largest bank in Pennsylvania.

  • Finance and Insurance
  • -
  • -
  • Triple Net
  • Aug 2017

For the past several decades, World Finance has been helping people realize their financial goals by offering fixed rate and payment loan solutions. With branches nationwide, they are part of the communities in which they serve. Their branches are staffed with friendly, knowledgeable team members who live and work right in their town. They understand clients' needs and are available to meet with them one-on-one to discuss their loan options. When clients need to borrow money, World Finance is there as a financial neighbor clients can rely on and trust. Since 1962, they’ve been committed to helping their neighbors thrive and grow by supporting their financial needs. With them, clients get the strength of a national financial institution and the personal services of local neighborhood branches. It’s one of the top reasons millions of customers choose them.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Finance and Insurance - - Triple Net -
Finance and Insurance - - Triple Net Aug 2017

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,431 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
1st Floor 1,431 SF Retail In-Line Now

1st Floor

Size
1,431 SF
Space Use
Retail
Position
In-Line
Available
Now
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

East West Bank
Truist
Rent-A-Center
Chase
La Michoacana Meat Market
Bank of America
Fiesta Mart

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1256730010001
Land Assessment
$521,670
Improvements Assessment
$1,192,348
Total Assessment
$1,714,018
  • Listing ID: 28377873

  • Date on Market: 10/17/2022

  • Last Updated:

  • Address: 7003 Harrisburg Blvd, Houston, TX 77011

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