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730 W 18th St

5,200 SF 100% Leased Retail Building Houston, TX 77008 £3,555,045 (£684/SF) 5.89% Net Initial Yield

Investment Highlights

  • Leases signed though 2029 - 2033 with extension options
  • Surrounded by destination locations and new multifamily development
  • Prime location

Executive Summary

Multi tenant retail center, built 2022. Leased long term though 2029 - 2033 with extension options. 5,200 sf building located in the heart of the Houston Heights. Prime location with excellent demographics. Tenants include Drip Nail Salon, Blo | Blow Dry Bar, and One Sweat.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,200 SF
Building Class
B
Year Built
2022
Price
£3,555,045
Price Per SF
£684
Net Initial Yield
5.89%
NOI
£209,392
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.54
Land Acres
0.22 AC
Zoning
Commercial
Parking
20 Spaces (3.84 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Flower Child
CycleBar
Snooze an A.M. Eatery
Velvet Taco
Premier Martial Arts
Yoga Six
La Michoacana Meat Market
Curves
Stretchlab
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1504350010001
Land Assessment
£873,486
Improvements Assessment
£321,116
Total Assessment
£1,194,602
  • Listing ID: 33041339

  • Date on Market: 03/09/2024

  • Last Updated:

  • Address: 730 W 18th St, Houston, TX 77008

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