8721 Stella Link Rd - Freestanding FOR SALE


Houston, TX 77025
$1,500,000 USD
713-585-5715
8721 Stella Link Rd, Houston, TX for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/3
null | 7.71% Cap Rate

8721 Stella Link Rd
Houston, TX 77025


HIGHLIGHTS

  • Affluent demographics: average household income of $139,857 within one mile and $126,495 within 3 miles and surrounded by the prestigious communities
  • Median home value of $549,284 within 1 mile and $620,617 within 3 miles
  • Traffic counts of 19,473 VPD on Stella Link Road near North Braeswood
  • Close proximity to Loop 610 and NRG Stadium, Rice University, the Texas Medical Center which is the world’s largest medical complex.

OVERVIEW

OLDHAM GOODWIN is pleased to present 8721 Stella Link, a 5,924 SF retail strip center in Southwest Houston for consideration. The property is conveniently located in the Braeswood neighborhood inside of Loop 610 surrounded by dense and affluent households. Currently 79% physically occupied with a diverse tenant mix along with a conservative master lease, the property presents an attractive going-in cap rate with value-add opportunity for an investor or in-place income for a partial owner/occupant.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

7.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8721 Stella Link Rd

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

-

APN/PARCEL ID

0772010010001

ASK ABOUT THIS PROPERTY

Aaron MorrisOldham Goodwin Group, LLCMore Info
713-585-5715

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Aaron MorrisOldham Goodwin Group, LLCMore Info
713-585-5715

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