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Renovated Retail with Drive-Thru
For Sale
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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
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.

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 (±1% cap)
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 (±1% cap)
NOI $40,320 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dairy Queen Restaurant

Suggested Use

Top Pick Law Firm Building Supply Spa & Massage Center Pharmacy Nail Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby
Under-served
Demand for This Use

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

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025
Rey
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
(713) 528-9776 Call to check price and availability
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