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Two Tenant Property 9214 North Fwy

5,200 SF 100% Leased Retail Building Houston, TX 77037 $2,195,000 ($422/SF)

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Investment Highlights

Heavy traffic location

Executive Summary

LOCATION LOCATION LOCATION! Right on I-45 feder in between W Mount Houston rd & W Gulf Bank Road. Prime investment opportunity. There are TWO tenants currently in place. One tenant has an auto dealership, the other is a novelty store. Both tenants have their own driveways onto the property and a fence dividing the two.
Novelty Store- Lease Expires December 1, 2026. Tenant is currently paying $6,213.34 a month. There are annual increases. The tenant has the option to renew for another 5 years.
Auto Dealership- Lease expires September 30, 2025. Tenant is paying $5,000 a month. Office space and workshop.
Buyer broker would receive 3% commission.

9214 North Fwy Survey 6 29 17