8721 Stella Link Rd | 8721 Stella Link Rd
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8721 Stella Link Rd 8721 Stella Link Rd
5,924 SF 79% Leased Retail Building Houston, TX 77025 $1,500,000 ($253/SF) 7.71% Cap Rate
Investment Highlights
- Affluent demographics: average household income of $139,857 within one mile and $126,495 within 3 miles and surrounded by the prestigious communities
- Traffic counts of 19,473 VPD on Stella Link Road near North Braeswood
- Median home value of $549,284 within 1 mile and $620,617 within 3 miles
- Close proximity to Loop 610 and NRG Stadium, Rice University, the Texas Medical Center which is the world’s largest medical complex.
Executive Summary
OLDHAM GOODWIN is pleased to present 8721 Stella Link, a 5,924 SF retail strip center in Southwest Houston for consideration. The property is conveniently located in the Braeswood neighborhood inside of Loop 610 surrounded by dense and affluent households. Currently 79% physically occupied with a diverse tenant mix along with a conservative master lease, the property presents an attractive going-in cap rate with value-add opportunity for an investor or in-place income for a partial owner/occupant.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,924 SF
Building Class
C
Year Built
1988
Price
$1,500,000
Price Per SF
$253
Cap Rate
7.71%
NOI
$115,585
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Land Acres
0.27 AC
Parking
17 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
180 FT on Stella Link Road
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Spacious retail suite with 1,250 sqft available.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,250 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 1,250 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 1,250 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Spacious retail suite with 1,250 sqft available.
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 0772010010001 | Improvements Assessment | $474,420 |
| Land Assessment | $175,500 | Total Assessment | $649,920 |
PROPERTY TAXES
Parcel Number
0772010010001
Land Assessment
$175,500
Improvements Assessment
$474,420
Total Assessment
$649,920
-
Aaron Morris -
Tyler Reiley -
Karishma Dawood -
Oldham Goodwin Group, LLC
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8721 Stella Link Rd | 8721 Stella Link Rd
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