Stand alone building with Real Estate

Houston, TX (Harris County)

Stand alone building with Real Estate
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Asking Price: $820,000

Gross Revenue: $78,000

Price/Sq. Ft.: N/A

NOI: $57,312

Building SF: 4,320


Year Built: 2017

Stand alone building with Real Estate

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Property Description

Very nice free standing building with one long term stable tenant. Tenant provides food and meals to Magnet schools for Houston ISD with lease terms through 2022 and option through 2025. They have invested significant amount on the buildout and most likely will stay for a long time. This is an excellent investment with steady cash flow CAP RATE 7%
Recent improvements includes; replace roof 2013, new AC 2019

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Detailed Information

Houston, TX
Building SF:
Building Status:
One tenant
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Abner Padora

Property Listed By:
Abner Padora

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