Store on the outskirts of Houston

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Store on the outskirts of Houston

$1,100,000
$8,396 /m²
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  • Total area
    131 m²
  • Yield
    7.8%
Details
Property parameters
  • Land area: 1,497 m²
  • 1-floor building
Financial performance
  • Annual income: $83,230
Tenants
  • Fully let

It is a store for sale in Southern Houston.

Description

The total area of a single-storey building is 131 m².

The plot of 1,497 m².

Store is in good overall condition.

The property is fully leased out to a major tenant.

Financial performance

Absolute income is 86,400 $.

The current yield of 7,8%.

Tenants

The tenant is a TitleMax company.

TitleMax was founded in 1998 and has more than 1,100 branches in 18 states and continues to expand.

Location and nearby infrastructure

The property is situated on a retail corridor near the other national tenants.

The daily traffic exceeds 37,000 vehicles.

Public transport and metro are in close proximity.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Houston.

All ads in the country: retail space for sale in the USA.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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