1402 Sam Houston Ave Huntsville, TX 77340-4557
- Strip malls
- 3,200 SF
- 0.32 lot acres
Current Use by Public Records
- Freeway Insurance / Dental Insurance Agency / Home Insurance Agency
- Xpress PC - World Peace / Mobile Phone Repair Shop
- World Peace Smoke Shop Huntsville / Tobacco Shop
- Tech-ER / Mobile Phone Repair Shop / Computer Repair Service
- Flow Style Ink / Tattoo Shop
Property Details for 1402 Sam Houston Ave
- Year built
- 2009
- Construction
- STONE
- Lot size
- 0.32 lot acres
- Property size
- 3,200 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 29987
- APU
- 29987
Description
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.
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
- Huntsville
- County
- Walker
- State
- Texas
- Longitude
- -95.5517
- Latitude
- 30.7201
- CBSA code
- 26660
- CBSA name
- HUNTSVILLE, TX MICROPOLITAN STATISTICAL AREA