Contacts

Victoria Aguirre

RE/MAX Corridor

(210) 837-8036

Property Details

Property Type Retail - Street Retail
Property Size 3,200 SF
Units 4
Lot Size 0.46 Acre
Property Tenancy Multi-Tenant
Year Built 1979
Date Updated May 16, 2024

Positioned in the heart of Houston, the area offers easy access to major business hubs, popular dining spots, and cultural attractions. Investors will appreciate the proximity to notable landmarks such as the Galleria, a premier shopping destination, and the prestigious Uptown District. Additionally, the area is surrounded by a diverse mix of businesses, offering invaluable networking opportunities. With a strategic location in a dynamic and evolving business landscape, the property presents an exceptional investment opportunity for office building investors seeking to capitalize on the energy of Houston's commercial real estate market.This 3,200 SF building, constructed in 1979, boasts four fully leased units, offering a secure and immediate return on investment with 100% occupancy. The property's strategic location, combined with its solid rental history, presents a compelling investment proposition for retail investors seeking stable and consistent income. With its attractive features and strong tenant base, this property is positioned to deliver both immediate and long-term value, making it a noteworthy addition to any retail investor's portfolio.

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Highlights

3,200 SF building | Two Income Producing Pad Sites
Built in 1979 | Renovated 2021
100% occupancy | Staggered Leases
Strong rental history | Long Term Tenants
8.15% CAP | 8.3% Cash on Cash Return (see financing)
Part of a Portfolio (5501 Mount Houston Road, HTX)

Getting around

74/100
Walk Score ®
44/100
Transit Score ®
49/100
Bike Score ®

Powered by Walk Score ®

Location

City Houston, TX
Neighborhood Chinatown
Zip Code 77036
Market Houston

Points of Interest

Smith Lands

7.98 miles
Dryden/TMC

8.31 miles
M. D. Anderson Station

9.17 miles
Museum District (southbound)

9.23 miles
Museum District (northbound)

9.27 miles

Exxon

0.98 miles
Valero

1.04 miles
Shell

1.36 miles
Valero

1.42 miles
Shell

1.53 miles
Swift

1.73 miles
Shell

1.83 miles
Valero

1.96 miles
Startrac

1.97 miles
Citgo

2.03 miles

Westwood Park and Ride

1.41 miles
Gessner Park and Ride

2.11 miles
Schlumberger Parking Garage

2.61 miles
METRO West Bellfort Park & Ride

2.82 miles
Hilcroft Park and Ride

3.33 miles
West Loop Park & RIde

4.76 miles
West Loop Park & Ride

4.77 miles
Missouri City Park and Ride

5.04 miles
Mission Bend Transit Center

5.71 miles
Memorial City Plaza Parking Garage

6.01 miles

Maharaja Bhog

0.37 miles
Pho Binh 59 South

0.37 miles
Peking Cuisine Chinese Restaurant

0.37 miles
Olive Garden

0.40 miles
Saltgrass Steakhouse

0.46 miles
La Pupusa Rica

0.88 miles
Whataburger

1.10 miles
Taco Bell

1.12 miles
Burger King

1.14 miles
Szechuan House

1.19 miles

Jusgo

1.22 miles
Jusgo Supermarket

1.22 miles
Fiesta

1.32 miles
Beechnut H-E-B

1.35 miles
Walmart Supercenter

1.63 miles
PlazAmericas Mall

1.78 miles
Food Town

2.11 miles
Aldi

2.16 miles
Walmart Neighborhood Market

2.35 miles
Hong Kong Food Market

2.52 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

8631 Beechnut Street