1964 Northpark Dr
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
thank you
Your email has been sent!
1964 Northpark Dr
9,900 SF 100% Leased Retail Building Kingwood, TX 77339 £2,322,927 (£235/SF) 7.50% Net Initial Yield
Investment Highlights
- 7.50 Cap Rate on Stabilized Rents
- 50% Tenants on 10-Year Lease Term
- Prime Retail Trade Area
- Long Term Tenants
- 100% Location
Executive Summary
Prime investment property. Gateway to the city of Kingwood off main highway 59 connection Rd. (40,000 APD)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,900 SF
Building Class
B
Year Built/Renovated
2002/2022
Price
£2,322,927
Price Per SF
£235
Net Initial Yield
7.50%
NOI
£174,272
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.26
Lot Size
0.88 AC
Zoning
N/Ap, County
Parking
40 Spaces (4.04 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
- Monument Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0283-00-00557 | Improvements Assessment | £401,735 |
| Land Assessment | £181,163 | Total Assessment | £582,898 |
PROPERTY TAXES
Parcel Number
0283-00-00557
Land Assessment
£181,163
Improvements Assessment
£401,735
Total Assessment
£582,898
1 of 13
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1964 Northpark Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.