15919 S Post Oak Rd
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15919 S Post Oak Rd
10,052 SF 100% Leased Retail Building Houston, TX 77053 £1,431,525 (£142/SF)
INVESTMENT HIGHLIGHTS
- 100% leased with 5 existing tenants with flexible lease terms, offering stability and adaptability.
- High-traffic corridor with prominent frontage along South Post Oak Rd
- Property features a strong cap rate
- New roof with a recently painted exterior.
- Positioned in an area with robust demand and high occupancy rates
- Convenient access to Beltway 8, Fort Bend Parkway Toll Road, and Highway 90
EXECUTIVE SUMMARY
Located in a thriving Houston submarket, this multi-tenant commercial property offers an exceptional investment or owner-user opportunity. Currently housing five tenants, the property is intentionally positioned with flexible lease structures, providing a unique chance for an owner/user to repurpose or redevelop. Its versatility supports various uses, including retail, office, or a community-oriented facility such as a church or event space.
With a highly sought-after location in an area experiencing strong occupancy rates, this property delivers significant upside potential. Its frontage on South Post Oak Road ensures excellent visibility and accessibility, while proximity to Beltway 8, Highway 90, and Fort Bend Parkway boosts connectivity to the greater Houston metro.
With a highly sought-after location in an area experiencing strong occupancy rates, this property delivers significant upside potential. Its frontage on South Post Oak Road ensures excellent visibility and accessibility, while proximity to Beltway 8, Highway 90, and Fort Bend Parkway boosts connectivity to the greater Houston metro.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
£141,721
|
£14.10
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£141,721
|
£14.10
|
| Taxes |
£12,493
|
£1.24
|
| Operating Expenses |
£14,054
|
£1.40
|
| Total Expenses |
£26,547
|
£2.64
|
| Net Operating Income |
£115,174
|
£11.46
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £141,721 |
| Annual Per SF | £14.10 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £141,721 |
| Annual Per SF | £14.10 |
| Taxes | |
|---|---|
| Annual | £12,493 |
| Annual Per SF | £1.24 |
| Operating Expenses | |
|---|---|
| Annual | £14,054 |
| Annual Per SF | £1.40 |
| Total Expenses | |
|---|---|
| Annual | £26,547 |
| Annual Per SF | £2.64 |
| Net Operating Income | |
|---|---|
| Annual | £115,174 |
| Annual Per SF | £11.46 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,052 SF
Building Class
C
Year Built/Renovated
1989/2024
Price
£1,431,525
Price Per SF
£142
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.52
Lot Size
0.44 AC
Zoning
None
Frontage
204 ft on S Post Oak Rd
AMENITIES
- 24 Hour Access
- Security System
- Tenant Controlled HVAC
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 6250-01-000-0102-907 | Total Assessment | £874,821 |
| Land Assessment | £71,603 | Annual Taxes | £12,493 (£1.24/sf) |
| Improvements Assessment | £803,218 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
6250-01-000-0102-907
Land Assessment
£71,603
Improvements Assessment
£803,218
Total Assessment
£874,821
Annual Taxes
£12,493 (£1.24/sf)
Tax Year
2023
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15919 S Post Oak Rd
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