730 W 18th St
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730 W 18th St
5,200 SF 100% Leased Retail Building Houston, TX 77008 $4,500,000 ($865/SF) 5.89% Cap Rate
Investment Highlights
- Leases signed though 2029 - 2033 with extension options
- Surrounded by destination locations and new multifamily development
- Prime location
Executive Summary
Multi tenant retail center, built 2022. Leased long term though 2029 - 2033 with extension options. 5,200 sf building located in the heart of the Houston Heights. Prime location with excellent demographics. Tenants include Drip Nail Salon, Blo | Blow Dry Bar, and One Sweat.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,200 SF
Building Class
B
Year Built
2022
Price
$4,500,000
Price Per SF
$865
Cap Rate
5.89%
NOI
$265,050
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.54
Lot Size
0.22 AC
Zoning
Commercial
Parking
20 Spaces (3.84 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (85)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1504350010001 | Improvements Assessment | $406,991 |
| Land Assessment | $1,107,080 | Total Assessment | $1,514,071 |
PROPERTY TAXES
Parcel Number
1504350010001
Land Assessment
$1,107,080
Improvements Assessment
$406,991
Total Assessment
$1,514,071
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730 W 18th St
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