Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

944 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

7524 Hillcroft 7524 Hillcroft St

7,924 SF 100% Leased Retail Building Houston, TX 77081 $1,199,000 ($151/SF) 6.50% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

120,000 plus daily traffic
location, location, location

lots of potential to improve and increase NOP

Executive Summary

Investor special! Priced to sell in "as is condition" 7,924 sq ft total / 5 doors for lease building. 3 doors currently on a 2-3 years lease contract, 2 doors available (300sq feet and 1,800 sq feet) A gold mine for a store front, 120,000 plus daily traffic count, selling as is.

ikeda survey

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
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

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Sale Type

Investment

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Freestanding

Building Size

7,924 SF

Building Class

Year Built

1982

Price

$1,199,000

Price Per SF

$151

Cap Rate

6.50%

NOI

$77,935

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.49

Land Acres

0.37 AC

Opportunity Zone

Yes

Parking

22 Spaces (2.78 Spaces per 1,000 SF Leased)

Frontage

108 FT on HILLCROFT

Amenities

Bus Line

Fenced Lot

Signage

Air Conditioning

About 7524 Hillcroft St , Houston, TX 77081

Investor special! Priced to sell in "as is condition" 7,924 sq ft total / 5 doors for lease building. 3 doors currently on a 2-3 years lease contract, (door 1 a gym and events center$1800/mo, Door 2 a barber shop $1800/mo, Door 3 a paint store $2,250/mo) + 2 doors available (300 sq feet and 1,800 sq feet) A gold mine for a store front, 120,000 plus daily traffic count, selling as is. it used to be a furniture store.