11873 Bissonnet St Houston, TX 77099
- Retail properties
Current Use by Public Records
- BLESS BEAUTY / Beauty Supply Store
Property Details for 11873 Bissonnet St
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional Houston storefront presents a lucrative investment opportunity. Located at 11873 Bissonnet St, Houston, TX 77099, this 6,500 square foot Class C retail property boasts a remarkable 31.43% capitalization rate and a strong net operating income (NOI) of $110,000. Currently operating as a thriving beauty supply business, the property includes inventory valued at nearly $200,000. The existing lease remains in place, ensuring immediate cash flow. The business itself offers a diverse range of products, including beauty supplies, creams, wigs, hair extensions, lashes, and nail accessories. Furthermore, a sub-lease contributes additional rental income, enhancing the overall return on investment. This single-story building represents a stabilized investment with 100% occupancy, making it an ideal acquisition for discerning investors seeking a high-yield, low-risk opportunity in the vibrant Houston market. The asking price for this turnkey operation is $350,000. This property is a rare find, offering both immediate income and significant long-term potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.5855
- Latitude
- 29.6744
