730 W 18th St
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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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1504350010001 | Improvements Assessment | £321,116 |
Land Assessment | £873,486 | Total Assessment | £1,194,602 |
PROPERTY TAXES
Parcel Number
1504350010001
Land Assessment
£873,486
Improvements Assessment
£321,116
Total Assessment
£1,194,602
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730 W 18th St
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