Established Strip Center with Decent cap rate in Houston TX

Houston, TX (Harris County)

Strip Center
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Asking Price: $3,450,000

Established: 2010

Established Strip Center with Decent cap rate in Houston TX

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Asset Sale Description

80% occupied, stabilized assets, and the majority of the existing tenants have been established since 2010.
8.5% cap rate (Proforma )Excellent return on investment.
All tenants are very stable because of close proximity to densely populated residential areas,all tenants doing very good business.
High traffic commercial building.
For more information Please contact Broker Rajesh Bhatia @ 214-766-6065/240-643-4444.

Detailed Information

Location:
Houston, TX
Facilities:
18000 sft, 11 shops 2 vacant and 9 rented
Reason for Selling:
Owner is downsizing his Real Estate assets.
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(from currently available funds)
 
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Rajesh Bhatia

Asset Sale Listed By:
RAJESH BHATIA

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