11873 Bissonnet StHouston, TX 77099

For Sale
$350,000

Profitable Beauty Supply Store, 6,500 SF

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Houston storefront presents a lucrative investment opportunity. Located at 11873 Bissonnet St, Houston, TX 77099, this 6,500 square foot Class C retail property boasts a remarkable 31.43% capitalization rate and a strong net operating income (NOI) of $110,000. Currently operating as a thriving beauty supply business, the property includes inventory valued at nearly $200,000. The existing lease remains in place, ensuring immediate cash flow. The business itself offers a diverse range of products, including beauty supplies, creams, wigs, hair extensions, lashes, and nail accessories. Furthermore, a sub-lease contributes additional rental income, enhancing the overall return on investment. This single-story building represents a stabilized investment with 100% occupancy, making it an ideal acquisition for discerning investors seeking a high-yield, low-risk opportunity in the vibrant Houston market. The asking price for this turnkey operation is $350,000. This property is a rare find, offering both immediate income and significant long-term potential.

Highlights

  • High-yield Houston storefront investment opportunity at 11873 Bissonnet St, Houston, TX 77099.
  • 6,500 SF Class C retail building with a 31.43% capitalization rate.
  • Strong NOI of $110,000 and asking price of $350,000.
  • Currently 100% occupied by a thriving beauty supply business with approximately $200,000 in inventory.
  • Existing lease ensures immediate cash flow, supplemented by a sub-lease.

Property Details for 11873 Bissonnet St

Property type
Other retail properties, Individual retail properties
Class
C
Buildings
1
Stories
1

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.67440771223
Longitude
-95.585487612135
11873 Bissonnet St, Houston, Texas

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11873 Bissonnet St
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