Freestanding Convenience
For Sale
Contact for pricing
1326 Dairy Ashford St, Houston, TX 77077
C-2 convenience store with a net lease structure and scheduled rent increases.
Property Size2,400 SF
Lot Size0.35 Acres
Price / SF$291.67
Days on Market51
Property Features for 1326 Dairy Ashford St
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.35 Acres
Property subtype
RETAIL
Additional Details
Corner Location
Yes
Listing Agency:
Davis Commercial
(713) 528-9776
Listed By:
Mark Davis · License #409852
(972) 387-0300
Source:
Moodyscre
Added: Aug 26
Changed: Oct 7
Last Checked: Oct 15 at 12:14AM
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 freestanding convenience store contains 2,400 square feet and sits on 15,246 square feet of land. The property is identified as C-2 and is positioned at a signalized intersection, supporting its established retail configuration.
The offering includes a net lease structure with 10% rent increases scheduled for 7/27 and 7/32. The current lease expires 10/34. The property address is 1326 Dairy Ashford St, Houston, TX 77077.
The offering includes a net lease structure with 10% rent increases scheduled for 7/27 and 7/32. The current lease expires 10/34. The property address is 1326 Dairy Ashford St, Houston, TX 77077.
Key Highlights
- 2,400 SF convenience store on 15,246 SF of land
- C‑2 designation with a freestanding retail building
- Signalized intersection location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,936
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,720
$738.7K
Cap Rate 7%
$527,657
$527.7K
Cap Rate 9%
$410,400
$410.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$51.8K $21.60/SF
− Vacancy
−$2.6K −$1.08/SF
EGI
$49.2K $20.52/SF
− OpEx
−$12.3K −$5.13/SF
NOI
$36.9K $15.39/SF
Area
Houston, TX
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,720
Cap Rate 7%
$527,657
Cap Rate 9%
$410,400
Alternative Uses
Best Use
Specialty Retail
$527.7K
$461.7K – $615.6K
NOI $36,936 @ 7.0% cap · market cap 5.28%
Second Best
Retail
$464.9K
$406.8K – $542.4K
NOI $32,543 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$617.1K
$540.0K – $720.0K
NOI $43,200 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,529
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77077, TX
61,302
Population
32,911
Households
1.9
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
16.5 sq mi
ZIP Area
3,715
Density / Sq Mi
$71,080
Median Household Income
$45,880
Median Earnings
$1,418
Median Rent
$356,300
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
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Similar Off Market Nearby
- 日本超市 — Houston, TX 77077
- Seiwa Market — 1801 S Dairy Ashford Rd #116, Houston, TX 77077
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - C-2 convenience store with a net lease structure and scheduled rent increases.
Where is this grocery and convenience store located?
The property is located at 1326 Dairy Ashford St Houston, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 2,400 SF convenience store on 15,246 SF of land; C‑2 designation with a freestanding retail building; Signalized intersection location
