7122 Lawndale St
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7122 Lawndale St
5,288 SF 100% Leased Retail Building Houston, TX 77023 $1,500,000 ($284/SF) 4.06% 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.
Next to intersection of S 75th Street and Lawndale St. Busy area. Fully tenant occupied.
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
$1,500,000
Price Per SF
$284
Cap Rate
4.06%
NOI
$60,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Land Acres
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)
PROPERTY TAXES
| Parcel Number | 0410300000420 | Improvements Assessment | $378,277 |
| Land Assessment | $150,000 | Total Assessment | $528,277 |
PROPERTY TAXES
Parcel Number
0410300000420
Land Assessment
$150,000
Improvements Assessment
$378,277
Total Assessment
$528,277
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Shaneel Mitha -
Realtor Shaneel Mitha
1 of 14
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7122 Lawndale St
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