1402 Sam Houston Ave Huntsville, TX 77340-4557
This exceptional investment opportunity presents a fully occupied, four-unit retail strip center located at 1402 Sam Houston Ave, Huntsville, Texas, 77340. The property, known as AshLan Center, boasts a total of 3,200 square feet, currently leased at 100% occupancy under a triple net (NNN) lease structure. Each unit is individually leased to established businesses including Flow Style Ink, World Peace Smoke Shop, TECH-ER, and Freeway Insurance, providing a diverse and stable tenant mix. The asking price is $928,530, translating to a price per square foot of $290.17. Strategically positioned just blocks from the Sam Houston State University campus, this property benefits from high visibility and significant foot traffic on a busy thoroughfare. Ample parking is available for tenants and customers. The building is in turnkey condition, requiring minimal capital expenditure upon acquisition. This is an ideal investment for those seeking a stable, income-producing asset in a growing Texas market. The property's location near Sam Houston State University ensures a consistent customer base and strong rental potential. The multi-tenant structure mitigates risk and provides diversification of income streams. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a desirable location.
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Freeway Insurance Insurance Agency
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Xpress PC - World Peace Computer & Electronic Repair Tech Support Center
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World Peace Smoke Shop Huntsville (Bike/Boat/Book/etc) Store
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Tech-ER Computer & Electronic Repair
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Flow Style Ink Tattoo & Piercing Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.