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7122 Lawndale St

5,288 SF 100% Leased Retail Building Houston, TX 77023 $1,400,000 ($265/SF) 4.35% Cap Rate

Investment Highlights

  • Busy area. 100% occupied.

Executive Summary

Prime investment opportunity. This triple-net leased retail storefront Proximity to Greater East End Houston.
Next to intersection of S 75th Street and Lawndale St. Busy area. Fully tenant occupied.
Please email for any questions. Thanks.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,288 SF
Building Class
C
Year Built/Renovated
1950/2021
Price
$1,400,000
Price Per SF
$265
Cap Rate
4.35%
NOI
$60,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.34 AC
Parking
20 Spaces (3.78 Spaces per 1,000 SF Leased)
Frontage
93 FT on Lawndale St

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (74)
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

La Michoacana Meat Market
Frost National Bank
Denny's
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0410300000420
Land Assessment
$150,000
Improvements Assessment
$378,277
Total Assessment
$528,277
  • Listing ID: 34089079

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 7122 Lawndale St, Houston, TX 77023

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