For Sale
$1,200,000
22323 LoopHouston, TX 77339
High-yield retail center, 9,148 SF, 6.72% cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 121
Highlights
- 9,148 SF retail center on 0.52-acre lot in Kingwood, TX.
- 20 parking spaces, currently 60% occupied, projected 100% occupancy by December 11, 2024.
- Current NOI: $80,583, 6.72% cap rate; Pro-forma NOI: $140,658, 11.72% cap rate.
- Asking price: $1,200,000, Net Lease (NNN).
- Prime location with high visibility and traffic counts.
Property Details for 22323 Loop
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 9,148 SF
- Year Built
- 1980
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 22,651 SF
Location Insight
- City
- Houston
- County
- Harris
- State
- Texas
- Latitude
- 30.036164025423
- Longitude
- -95.253856639313
22323 Loop, Houston, Texas
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FAQs
- What type of property is this?
- Lifestyle center - High-yield retail center, 9,148 SF, 6.72% cap rate.
- Where is the lifestyle center located?
- The property is located at 22323 Loop Houston, TX.
- What is the asking price?
- The asking price for this property is $1,200,000.
- What are key features of this property?
- This property features: 9,148 SF retail center on 0.52-acre lot in Kingwood, TX.; 20 parking spaces, currently 60% occupied, projected 100% occupancy by December 11, 2024.; Current NOI: $80,583, 6.72% cap rate; Pro-forma NOI: $140,658, 11.72% cap rate.
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