West Fuqua Center | 4324 W Fuqua St
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West Fuqua Center 4324 W Fuqua St
5,500 SF 100% Leased Retail Building Houston, TX 77045 £665,916 (£121/SF) 7.25% Net Initial Yield
Investment Highlights
- 100 Percent Occupied Shopping Center
- Located on the Main Thoroughfare of the Southwest Central Submarket
- NNN Tenants: 100 Percent Reimbursable Expenses
- Well-known National Retailers Nearby
Executive Summary
Marcus & Millichap is pleased to exclusively list for sale West Fuqua Center, located at 4324 West Fuqua Street in Houston, Texas. This 5,500-square-foot retail center is located on approximately 0.43 acres fronting West Fuqua Street.
The subject property is 100 percent occupied, accommodating three tenants. All tenant leases are triple-net, protecting an investor from possible increases in future expenses.
West Fuqua Center is located on the main thoroughfare of the southwest central submarket.
Nearby retailers include: Popeyes, CVS, Pizza Hut, Shipley Do-nuts, Jack in the Box, and Kentucky Fried Chicken.
The subject property is 100 percent occupied, accommodating three tenants. All tenant leases are triple-net, protecting an investor from possible increases in future expenses.
West Fuqua Center is located on the main thoroughfare of the southwest central submarket.
Nearby retailers include: Popeyes, CVS, Pizza Hut, Shipley Do-nuts, Jack in the Box, and Kentucky Fried Chicken.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,500 SF
Building Class
B
Year Built
2005
Price
£665,916
Price Per SF
£121
Net Initial Yield
7.25%
NOI
£48,287
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Land Acres
0.43 AC
Zoning
None
PROPERTY TAXES
| Parcel Number | 0852500000023 | Improvements Assessment | £244,669 |
| Land Assessment | £131,379 | Total Assessment | £376,048 |
PROPERTY TAXES
Parcel Number
0852500000023
Land Assessment
£131,379
Improvements Assessment
£244,669
Total Assessment
£376,048
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Gus Lagos -
Alex Wolansky, CCIM -
Marcus & Millichap
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West Fuqua Center | 4324 W Fuqua St
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