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Houston Investment Sale w/Upside 6678 Martin Luther King Jr Blvd

3,218 SF 100% Leased Retail Building Houston, TX 77033 £235,911 (£73/SF)

Investment Highlights

  • • A partial of the roof had been done in 2020.
  • • Opportunity to acquire a small retail building with 100% occupancy

Executive Summary

Houston was identified as the top U.S city job creation as a large and growing international community. With many nicknames “ Bayou City”, “ Space City”, and “ H – Town City”, Houston is the most diverse metropolitan community.
• Located at a corner lot of Martin Luther King Blvd and Dieppe St.
• Less than 3 miles to the University of Houston. Less than 6 miles to Texas Medical Center, Rice University, Houston Museum, and Houston Zoo.

Attachments

6678MLK

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,218 SF
Building Class
C
Year Built
1940
Price
£235,911
Price Per SF
£73
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.41
Land Acres
0.18 AC
Zoning
Commercial
Parking
10 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
110 ft on Martin Luther King Blvd

Amenities

  • Corner Lot

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Alpha Motor Werk
  • Service type
  • -
  • -
  • -
  • LT Liquor
  • Retailer
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Alpha Motor Werk Service type - - -
LT Liquor Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0751900140018
Land Assessment
£61,384
Improvements Assessment
£25,882
Total Assessment
£87,265
  • Listing ID: 31536488

  • Date on Market: 17/04/2024

  • Last Updated:

  • Address: 6678 Martin Luther King Jr Blvd, Houston, TX 77033

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