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8721 Stella Link Rd 8721 Stella Link Rd

5,924 SF 79% Leased Retail Building Houston, TX 77025 £1,185,015 (£200/SF) 7.71% Net Initial Yield

Investment Highlights

  • Affluent demographics: average household income of $139,857 within one mile and $126,495 within 3 miles and surrounded by the prestigious communities
  • Traffic counts of 19,473 VPD on Stella Link Road near North Braeswood
  • Median home value of $549,284 within 1 mile and $620,617 within 3 miles
  • Close proximity to Loop 610 and NRG Stadium, Rice University, the Texas Medical Center which is the world’s largest medical complex.

Executive Summary

OLDHAM GOODWIN is pleased to present 8721 Stella Link, a 5,924 SF retail strip center in Southwest Houston for consideration. The property is conveniently located in the Braeswood neighborhood inside of Loop 610 surrounded by dense and affluent households. Currently 79% physically occupied with a diverse tenant mix along with a conservative master lease, the property presents an attractive going-in cap rate with value-add opportunity for an investor or in-place income for a partial owner/occupant.

Attachments

8715 Stella Link OM Final

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,924 SF
Building Class
C
Year Built
1988
Price
£1,185,015
Price Per SF
£200
Net Initial Yield
7.71%
NOI
£91,313
Percent Leased
79%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.50
Land Acres
0.27 AC
Parking
17 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
180 ft on Stella Link Road

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,250 SF
  • Retail
  • In-Line
  • Now

Spacious retail suite with 1,250 sqft available.

Space Size Space Use Position Available
1st Floor 1,250 SF Retail In-Line Now

1st Floor

Size
1,250 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 1,250 SF
Space Use Retail
Position In-Line
Available Now

Spacious retail suite with 1,250 sqft available.

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Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (80)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 0772010010001 Improvements Assessment £374,797
Land Assessment £138,647 Total Assessment £513,443

PROPERTY TAXES

Parcel Number
0772010010001
Land Assessment
£138,647
Improvements Assessment
£374,797
Total Assessment
£513,443
(713) 585-5715

  • Listing ID: 33296870

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 8721 Stella Link Rd, Houston, TX 77025

The Retail Property at 8721 Stella Link Rd, Houston, TX 77025 is currently available For Sale. Contact Oldham Goodwin Group, LLC for more information.

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© 2024 CoStar Group

8721 Stella Link Rd | 8721 Stella Link Rd
(713) 585-5715 x

8721 Stella Link Rd | 8721 Stella Link Rd

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Aaron Morris

(713) 585-5715

(713) 585-5715

Tyler Reiley

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