7270 Antoine DrHouston, TX 77088

For Sale
$2,280,000

High-Yield Shopping Center, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Houston shopping center presents a compelling investment opportunity. The CROSSING AT ANTOINE property, located at 7270 Antoine Dr, Houston, TX 77088, boasts a total of 6,960 square feet situated on a sizable 31,401 square foot lot in Harris County. Currently operating at 100% occupancy, this stabilized Class B retail center generates a substantial net operating income (NOI) of $142,500, yielding an attractive 6.25% capitalization rate. The asking price for this turnkey investment is $2,280,000. The property is structured under a triple-net lease (NNN), meaning tenants are responsible for property taxes, insurance, and maintenance, minimizing the owner's operational expenses. This makes it an ideal investment for passive income seekers. The property's prime location in Houston, Texas, ensures strong tenant demand and consistent cash flow. With its impressive NOI, high occupancy rate, and favorable lease terms, the CROSSING AT ANTOINE shopping center represents a rare opportunity to acquire a stable and profitable retail investment in a thriving market. The property's size and location offer significant potential for future growth and appreciation. This is a must-see for discerning investors seeking a secure and high-return investment.

Highlights

  • 6,960 SF retail center on a 31,401 SF lot in Houston, TX.
  • 100% occupancy with a $142,500 annual NOI and a 6.25% cap rate.
  • $2,280,000 asking price.
  • Triple-net (NNN) lease structure.

Property Details for 7270 Antoine Dr

Property type
Lifestyle centers, Power centers
Square Feet
6,960 SF
Class
B

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.866556145464
Longitude
-95.472707108048
7270 Antoine Dr, Houston, Texas

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7270 Antoine Dr
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