9214 North Fwy - Auto Dealership FOR SALE


Houston, TX 77037- Aldine
$1,795,000 USD
281-541-4294
9214 North Fwy, Houston, TX for Sale
$1,795,000 USD
Auto Dealership - FOR SALE
1/23
null | Request Cap Rate

9214 North Fwy
Houston, TX 77037
Aldine


HIGHLIGHTS

  • Heavy traffic location

OVERVIEW

LOCATION LOCATION LOCATION! Right on I-45 feder in between W Mount Houston rd & W Gulf Bank Road. Prime investment opportunity. There are TWO tenants currently in place. One tenant has an auto dealership, the other is a novelty store. Both tenants have their own driveways onto the property and a fence dividing the two. Novelty Store- Lease Expires December 1, 2026. Tenant is currently paying $6,213.34 a month. There are annual increases. The tenant has the option to renew for another 5 years. Auto Dealership- Lease expires September 30, 2025. Tenant is paying $5,000 a month. Office space and workshop. Buyer broker would receive 3% commission.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two Tenant Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

None

APN/PARCEL ID

0470870000011

ASK ABOUT THIS PROPERTY

Jay HoustonTexas Real Estate ProMore Info
281-541-4294

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Jay HoustonTexas Real Estate ProMore Info
281-541-4294

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