West Tidwell Plaza | 7306 W Tidwell Rd
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West Tidwell Plaza 7306 W Tidwell Rd
21,608 SF 60% Leased Retail Building Houston, TX 77040 £3,341,184 (£155/SF) 7.60% Net Initial Yield
Investment Highlights
- GREAT VALUE ADD INVESTMENT OPPORTUNITY!!
- 3 stores vacant, 2 of them are first generation and 1 of them fully built out as medical office.
- Contact the listing agent for rent roll and for a showing appointment.
- Retail building of +/- 22,003 sf with a total of 8 stores including 3 vacancies that counts for a 40% of the space. All leases are gross.
- Land has room to potentially build a drive-thru store.
Executive Summary
Great value add investment opportunity. Retail shopping center of +/- 22,033 sf of total retail space with 3 vacancies, 2 of them first generation and one of them fully built out for medical office. Total space vacant is +/- 8,718 sf equal to almost 40% vacant. All leases are gross and can be turned into NNN with the renewal options. Land has room for potentially build a drive-thru store.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
21,608 SF
Building Class
B
Year Built
2005
Price
£3,341,184
Price Per SF
£155
Net Initial Yield
7.60%
NOI
£253,930
Percent Leased
60%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.27
Lot Size
1.87 AC
Zoning
Commercial
Parking
61 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 3,500 SF
- Retail
- -
- 30 Days
Space | Size | Space Use | Position | Available |
1st Floor | 6,000 SF | Retail | - | 30 Days |
1st Floor | 3,500 SF | Retail | - | 30 Days |
1st Floor
Size |
6,000 SF |
Space Use |
Retail |
Position |
- |
Available |
30 Days |
1st Floor
Size |
3,500 SF |
Space Use |
Retail |
Position |
- |
Available |
30 Days |
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
Size | 6,000 SF |
Space Use | Retail |
Position | - |
Available | 30 Days |
Walk Score ®
Very Walkable (73)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1076460000008 | Improvements Assessment | £1,596,825 |
Land Assessment | £1,279,709 | Total Assessment | £2,876,534 |
PROPERTY TAXES
Parcel Number
1076460000008
Land Assessment
£1,279,709
Improvements Assessment
£1,596,825
Total Assessment
£2,876,534
1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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West Tidwell Plaza | 7306 W Tidwell Rd
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