FAIRBANKS DENTAL STRIP CENTER | 8380 N Fairbanks Rd
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FAIRBANKS DENTAL STRIP CENTER 8380 N Fairbanks Rd
4,400 SF 100% Leased Retail Building Houston, TX 77064 £801,500 (£182/SF) 7.11% Net Initial Yield
Investment Highlights
- Located less than ±3 miles from the Sam Houston Tollway (Texas 8 Beltway) and Highway 290, this property benefits from excellent connectivity and acce
- The property includes a large, double-sided pylon sign, ensuring high visibility for drivers and enhancing tenant exposure.
- The property is 100% leased with an established dental tenant occupying over 50% of the space, providing long-term stability and reliable income.
- Boasting over ±124 feet of frontage on a heavily trafficked, signalized corner, the property features two large curb cuts and visibility to an impress
- Situated within a ±5-mile radius of over 148,361 residents, the area boasts strong demographics with an average household income of $98,173,
Executive Summary
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,400 SF
Building Class
C
Year Built
1981
Price
£801,500
Price Per SF
£182
Net Initial Yield
7.11%
NOI
£56,994
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.28
Lot Size
0.36 AC
Parking
13 Spaces (2.95 Spaces per 1,000 SF Leased)
Frontage
124 ft on Fairbanks North Houston R
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 1060830000042 | Improvements Assessment | £338,897 |
| Land Assessment | £124,834 | Total Assessment | £463,730 |
PROPERTY TAXES
Parcel Number
1060830000042
Land Assessment
£124,834
Improvements Assessment
£338,897
Total Assessment
£463,730
Contacts
-
Daniel Nunez -
Joshua Longoria -
Simon Assaf -
Matthews Real Estate Investment Services
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FAIRBANKS DENTAL STRIP CENTER | 8380 N Fairbanks Rd
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