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EASTERN CHINESE RESTAURANT 2100 W 34th St

1,599 SF Retail Building Houston, TX 77018 £1,202,250 (£752/SF) 5% Net Initial Yield

Investment Highlights

  • SIGNALIZED HARD CORNER – On the signalized Corner of Oak Forest Drive and 34th Street which sees 16,100 vehicles per day.
  • STRONG DEMOGRAPHICS – 400,000 people in a 5-mile radius with an average household income of $112,000.
  • NN LEASE STRUCTURE – As it currently stands the current tenant is responsible for all expenses except for taxes.
  • SIGNALIZED HARD CORNER – On the signalized Corner of Oak Forest Drive and 34th Street which sees 16,100 vehicles per day.
  • LONG OPERATING HISTORY – The current restaurant has been in operation since the 1980’s.

Executive Summary

Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,599 SF
Building Class
C
Year Built
1973
Price
£1,202,250
Price Per SF
£752
Net Initial Yield
5%
NOI
£60,113
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
0.39 AC
Parking
36 Spaces
Frontage
8 ft on West 34th Street

Amenities

  • Pylon Sign
  • Signalised Intersection
  • Wheelchair Accessible

Links

1 of 1

Nearby Major Retailers

Bank of America
Denny's
Cadence Bank
CrossFit
PNC Bank
Chase Bank
Starbucks
Kroger
Ymca
UFC Gym

PROPERTY TAXES

Parcel Number 0432050050145 Improvements Assessment £59,006
Land Assessment £539,410 Total Assessment £598,416

PROPERTY TAXES

Parcel Number
0432050050145
Land Assessment
£539,410
Improvements Assessment
£59,006
Total Assessment
£598,416
(602) 412-3318

Contacts

  • Listing ID: 33564696

  • Date on Market: 18/10/2024

  • Last Updated:

  • Address: 2100 W 34th St, Houston, TX 77018

The Retail Property at 2100 W 34th St, Houston, TX 77018 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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EASTERN CHINESE RESTAURANT | 2100 W 34th St
(602) 412-3318 x

EASTERN CHINESE RESTAURANT | 2100 W 34th St

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Joshua Longoria

(602) 412-3318

(602) 412-3318

Simon Assaf

(909) 800-7139

(909) 800-7139

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