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14287 Westheimer Rd

43,000 SF Retail Building Houston, TX 77082 £5,523,000 (£128/SF) 6.10% Net Initial Yield

Investment Highlights

  • Heavy daytime car traffic
  • Lot of natural light
  • On the major Westheimer road which direct to downtown Galleria

Executive Summary

Only selling the west side Thrift store area, which is 3 acres from the whole shipping center. It is already have ten years lease with a national wide business. Thrift store address is 14287 Westheimer Rd Houston TX 77077.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
43,000 SF
Building Class
B
Year Built/Renovated
1986/1995
Price
£5,523,000
Price Per SF
£128
Net Initial Yield
6.10%
NOI
£336,903
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Land Acres
3.57 AC
Parking
151 Spaces (3.51 Spaces per 1,000 SF Leased)
Frontage
314 ft on Westheimer Rd

Nearby Major Retailers

Starbucks
Tim Hortons
Bank of America
Steak N Shake
Chili's
Red Lobster
Olive Garden Italian Kitchen
First Watch
Chase Bank
China Max
  • Listing ID: 31939661

  • Date on Market: 28/05/2024

  • Last Updated:

  • Address: 14287 Westheimer Rd, Houston, TX 77082

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