5710 Wayside Dr Houston, TX 77028
- Strip malls
- 6,656 SF
- 0.27 lot acres
Current Use by Public Records
- LOYAL FOOD MART / Food Store
- Chevron #381925 / Gas Station
- Taco Corner / Fast Food Restaurant
- B & H GOSPEL PRODUCTION / Religious Organization
- ATM (ATM Link, Inc.) / Atm
Property Details for 5710 Wayside Dr
- Year built
- 1960
- Construction
- BRICK
- Lot size
- 0.27 lot acres
- Property size
- 6,656 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 300170210002
- APU
- 300170210002
Description
This exceptional Houston, Texas retail property, located at 5710 N Wayside Dr, 77028, presents a compelling value-add investment opportunity. The 3,820 square foot building sits on an 11,666 square foot lot and is comprised of four tenants across a single story structure, currently boasting 83% occupancy. Built in 1960 and renovated in 2006, the property generates a net operating income (NOI) of $25,455. The lease structure includes a gross lease for one tenant and month-to-month leases for the remaining tenants. This multi-tenant retail center offers significant potential for increased revenue through lease adjustments and property improvements. The property's location in Harris County provides convenient access to major thoroughfares and a diverse customer base. Owner financing is available, making this an attractive proposition for investors seeking a strong return on investment in a thriving market. The property's APN is 0300170210002. This is a rare opportunity to acquire a well-located, income-producing retail property with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.2842
- Latitude
- 29.8137
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
