3320 Texas 6Houston, TX 77082
11-Tenant Retail Portfolio, 6.7% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- $9,800,000 asking price for a stabilized, multi-tenant retail property.
- 25,415 square feet on a 2.53-acre lot, with 11 tenants including Pizza Hut, USPS, Domino's Pizza, and UPS.
- Absolute NNN leases, 100% occupancy, $656,816 NOI (with a pro-forma NOI of $686,000), and a 6.70% cap rate (7.00% pro-forma).
- Located in Houston, TX, with over 500 feet of frontage on Hwy 6, shadow-anchored by a high-performing Walmart Supercenter.
- Strong tenant mix and a 3-mile radius population of 143,815, with projected submarket growth of 7% in the next 3-4 years.
Property Details for 3320 Texas 6
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 25,415 SF
- Class
- B
- Year Built
- 2004
- Buildings
- 3
- Stories
- 1
- Lot Size (sq. ft)
- 110,207 SF
- Units
- 13
Location Insight
- City
- Houston
- County
- Harris
- State
- Texas
- Latitude
- 29.7222846
- Longitude
- -95.6448184
Nearby Similar for Sale
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