Renovated Retail with
For Sale
Contact for pricing
10404 Telephone Rd, Houston, TX 77075
Renovated retail building with a drive-thru, pylon signage, and 18 parking spaces; FF&E included.
Property Size2,240 SF
Lot Size0.56 Acres
Price / SF$354.91
Days on Market450
Property Features for 10404 Telephone Rd
General Information
Standard status
Active
Size
2,240 SF
Total Parking Spaces
18
Lot size
0.56 Acres
Property subtype
RETAIL
Additional Details
Furnished
Yes
Amenities
drive-thru
pylon signage
Building Details
Year Renovated
2020
Listing Agency:
Davis Commercial
(713) 528-9776
Listed By:
Mark Davis · License #409852
Source:
Moodyscre
Added: May 7, 2025
Changed: Jul 27
Last Checked: Jul 29 at 1:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davis Commercial
Investment Insights
Based on property information with market context.
This renovated retail building offers a drive-thru configuration and pylon signage, providing a ready-to-operate setup for a retail use. FF&E is included in the sale.
The property includes 18 parking spaces and sits on a sizable land parcel, supporting customer access and on-site parking needs.
With 2,240 square feet in the building, the space is well suited for tenants seeking a compact footprint with drive-thru functionality.
The property includes 18 parking spaces and sits on a sizable land parcel, supporting customer access and on-site parking needs.
With 2,240 square feet in the building, the space is well suited for tenants seeking a compact footprint with drive-thru functionality.
Key Highlights
- 2,240 SF retail building on 24,568 SF of land
- Renovated in 2020
- Drive‑thru for customer access
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.0k | $20.52 |
| − Vacancy | −$2.6k | −$1.15 |
| EGI | $43.4k | $19.37 |
| − OpEx | −$13.0k | −$5.81 |
| NOI | $30.4k | $13.56 |
2,240 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$433.9K
$379.7K – $506.2K
NOI $30,374 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$576.0K
$504.0K – $672.0K
NOI $40,320 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77075, TX
38,873
Population
13,267
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
70%
High-School Grad
11.2 sq mi
ZIP Area
3,471
Density / Sq Mi
$71,509
Median Household Income
$34,327
Median Earnings
$1,225
Median Rent
$219,900
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Renovated retail building with a drive-thru, pylon signage, and 18 parking spaces; FF&E included.
Where is this storefront property located?
The property is located at 10404 Telephone Rd Houston, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 2,240 SF retail building on 24,568 SF of land; Renovated in 2020; Drive‑thru for customer access