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9410 Homestead Rd

1,800 SF 100% Leased Retail Building Houston, TX 77016 £775,410 (£431/SF) 8% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Great investment potential property, well known restaurant for twenty years. Stable business, high traffic area of Tidwell and Homestead Rd.
  • Lease amount is $6,500 monthly with 3 years remaining.
  • Great location, next to a Jack In The Box and across the street from a Walgreens and McDonalds.

EXECUTIVE SUMMARY

Great investment potential property, well known restaurant for twenty years. Stable business, high traffic area near the corner of Tidwell and Homestead Road. Great location, next to a Jack In The Box and across the street from a Walgreens and McDonalds.
if want to purchase the restaurant for additional $250,000.

ATTACHMENTS

Professional Flyer_110524

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,800 SF
Building Class
C
Year Built
1970
Price
£775,410
Price Per SF
£431
Net Initial Yield
8%
NOI
£62,033
Percent Leased
100%
Number of Floors
1
Building FAR
0.15
Lot Size
0.27 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Frontage
104 ft on Homestead Road

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Acme Seafood Market
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Acme Seafood Market Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000
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PROPERTY TAXES

Parcel Number 0710290110304 Improvements Assessment £208,588
Land Assessment £55,114 Total Assessment £263,701

PROPERTY TAXES

Parcel Number
0710290110304
Land Assessment
£55,114
Improvements Assessment
£208,588
Total Assessment
£263,701
(713) 732-8729

CONTACT

  • Listing ID: 33449400

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 9410 Homestead Rd, Houston, TX 77016

The Trinity-Houston Gardens Retail Property at 9410 Homestead Rd, Houston, TX 77016 is currently available. Contact JPAR The Sears Group for more information.

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9410 Homestead Rd
(713) 732-8729 x

9410 Homestead Rd

Virginia Pan

(713) 732-8729

(713) 732-8729

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