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7524 Hillcroft 7524 Hillcroft St

7,924 SF 100% Leased Retail Building Houston, TX 77081 £946,011 (£119/SF) 6.50% Net Initial Yield

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Investment Highlights

120,000 plus daily traffic
location, location, location

lots of potential to improve and increase NOP

Executive Summary

Investor special! Priced to sell in "as is condition" 7,924 sq ft total / 5 doors for lease building. 3 doors currently on a 2-3 years lease contract, 2 doors available (300sq feet and 1,800 sq feet) A gold mine for a store front, 120,000 plus daily traffic count, selling as is.

ikeda survey

Financial Summary (Actual - 2023) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Net Operating Income	-	-

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Sale Type

Investment

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Freestanding

Building Size

7,924 SF

Building Class

Year Built

1982

Price

£946,011

Price Per SF

£119

Net Initial Yield

6.50%

NOI

£61,491

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.49

Land Acres

0.37 AC

Opportunity Zone

Yes

Parking

22 Spaces (2.78 Spaces per 1,000 SF Leased)

Frontage

108 ft on HILLCROFT

Amenities

Bus Route

Fenced Lot

Signage

Air Conditioning

About 7524 Hillcroft St , Houston, TX 77081

Investor special! Priced to sell in "as is condition" 7,924 sq ft total / 5 doors for lease building. 3 doors currently on a 2-3 years lease contract, (door 1 a gym and events center$1800/mo, Door 2 a barber shop $1800/mo, Door 3 a paint store $2,250/mo) + 2 doors available (300 sq feet and 1,800 sq feet) A gold mine for a store front, 120,000 plus daily traffic count, selling as is. it used to be a furniture store.