7156 Lawndale St
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7156 Lawndale St
2,705 SF Retail Building Houston, TX 77023 £636,415 (£235/SF) 4.50% Net Initial Yield
Executive Summary
Prime investment opportunity. This triple-net leased freestanding building with warehouse. Proximity to greater east end Houston
Next to intersection of S 75th Street and Lawndale St. Busy area. Fully tenant occupied. 5yr lease. Please email for fast response. Thanks.
Next to intersection of S 75th Street and Lawndale St. Busy area. Fully tenant occupied. 5yr lease. Please email for fast response. Thanks.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,705 SF
Building Class
C
Year Built/Renovated
1931/2022
Price
£636,415
Price Per SF
£235
Net Initial Yield
4.50%
NOI
£28,639
Tenancy
Single
Number of Floors
1
Building FAR
0.37
Lot Size
0.17 AC
Zoning
Opportunity Zone
Parking
10 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
29 ft on Lawndale Street
Amenities
- Bus Route
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0410300000085 | Improvements Assessment | £112,989 |
| Land Assessment | £65,096 | Total Assessment | £178,085 |
PROPERTY TAXES
Parcel Number
0410300000085
Land Assessment
£65,096
Improvements Assessment
£112,989
Total Assessment
£178,085
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7156 Lawndale St
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