3815 Hollister Road, Houston, TX 77080
30,194 SqFt retail and office space for sale.
- Added:
- Oct 26, 2023
- Days on Market:
- 960
- Last Refresh:
- May 12 at 10:41 pm
Property Features for 3815 Hollister Road
General Information
- Standard status
- Active
- Size
- 30,194 SF
- Property subtype
- Retail, Office, Industrial
Listing agent Tony Patronella License #TX 198760
Listing office Read King Commercial Real Estate
Listing date Oct 26, 2023
Source Crexi
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 Read King Commercial Real Estate
HighLights
- Retail Property
- 30,194 SqFt
Overview
Local 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 | $619.6k | $20.52 |
| − Vacancy | −$34.7k | −$1.15 |
| EGI | $584.9k | $19.37 |
| − OpEx | −$175.5k | −$5.81 |
| NOI | $409.4k | $13.56 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.5244
- Latitude
- 29.816
