Retail Space /TX /Montgomery County /Kingwood /1964 Northpark Dr
Retail Space /TX /Montgomery County /Kingwood /1964 Northpark Dr

1964 Northpark Dr - Storefront Retail/Office FOR SALE


Kingwood, TX 77339 | 
$2,949,000 USD
936-320-3737
1964 Northpark Dr, Kingwood, TX for Sale
$2,949,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | 7.5% Cap Rate
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1964 Northpark Dr
Kingwood, TX 77339

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HIGHLIGHTS

  • 7.50 Cap Rate on Stabilized Rents
  • Long Term Tenants
  • 50% Tenants on 10-Year Lease Term
  • 100% Location
  • Prime Retail Trade Area
  • 20% Below Market Rent (Base + NNN's) = Significant Upside!!

OVERVIEW

Prime investment property. Gateway to the city of Kingwood off main highway 59 connection Rd. (40,000 APD)

FOR SALE DETAILS

PRICE

$2,949,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

N/Ap, County

APN/PARCEL ID

0283-00-00557

ASK ABOUT THIS PROPERTY

David Fisher, CCIMNet Leased Advisory GroupMore Info
936-320-3737

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David Fisher, CCIMNet Leased Advisory GroupMore Info
936-320-3737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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