CASH COW! Unique Opportunity to own a 22 Units Single Room Occupancy (SRO) Building. It has been operated as a SRO property for over 8 years. All tenants are on leases. Tenants share large kitchen area and 7 bathroom/showers. Most tenants are Long Term. Current owner has turned a former retail building into HIGHLY PROFITABLE multiunit property. Extremely Low Expense Ratio. Current owner would be willing to train buyer (or new management company) on operations. Yes the Cap Rate is Correct - 19.7% with no debt. Leveraged Cap Rate is 12.9% assuming 30% Down. NO OWNER FINANCE VERY IMPORTANT: DO NOT TOUR OR GO BY THIS PROPERTY w/o Contacting our office. Due to the unique nature of this property and the tenants DRIVE BY's ONLY are allowed.
Bank of America is a NNN lease located on a hard corner pad to Class A 310,000 square foot Power Center anchored by Lowes, Ross and Petsmart and is adjacent to a Walmart Center. It is a long term lease with over 14 years remaining of term.
Citgo Station Center is a two tenant 4,000 square foot property anchored by Citgo Gas Station. The property is 100% leased with long term tenants. The exterior was remodeled in 2009, as well as a new roof and HVAC units. There are six ingress and egress access's with excellent visibility and abundant parking ratios. All Citgo Gas Station equipment belongs to the Landlord.
Two and a half story commercial building with a 620 sq.ft. apartment on the second story roof. Building construction is wood and metal, with large second story exterior balcony which overhangs a large country store style porch area. The first floor consists of 8680 sq.ft. of partitioned store space and 4350 sq.ft. of warehouse space with overhead doors. The second floor consists of 5,700 sq.ft. of open store space. Half-story consists of 620 sq.ft. efficiency apartment which overlooks property and greenbelt behind property. Building was originally built as a country & western dance hall called Chip Kickers.
Restaurant Business Sale only; this is a Vietnamese restaurant, café style that has a variety menu selection. This location has over five years history, a place to go for a great sandwich, noodle soup, smoothie, etc.. You will find this cafe in the heart of China Town, nearby many other cuisine restaurants, pharmacy, super-market, a good homogeneity at this location. Gross Sale of $548K last year, this year gross sale revenue even higher than last year. This business is price to sell fast. There are about 100 seats, move-in ready condition, plenty of cool air, about 6 of AC units. Business sale includes furniture fixture and equipment such as POS, tables and chairs, all the Kitchen Fixtures and equipment, Walk-in Cooler & Freezer, etc.. This is a profitable business selling at a good price, Call now or email listing broker for detail information. Please do not disturb Employees at any time.
Fast Food Café Business Sale only; this business space is an end-cap location with a private exterior patio area for outdoor view. A special Vietnamese cuisine combined with fusion special food menu café that has a variety menu selection. This shopping center has two visible pylon signs with plenty of parking spaces. There are about 60 seats; newly renovated store with green and white concept front dining area, this place is very clean and cozy. Last year gross sales revenue of $463K, current year has even more sales revenue compared to last year. Business sale includes walk-in freezer, slide door cooler/refrigerator, prep cooler with shelf, tables and chairs, POS system, range/oven, burners, etc.. Please do not disturb employees at any time. If you have any questions please contact listing broker for detail information. Thank you for your cooperation!
Price Upon Req.25,932 SF
This property is located on the corner of Texas St. & Hamilton St. in Downtown Houston, just North of I-69 in between the George R. Brown Convention Center and Minute Maid Park and in close proximity to the Toyota Center & Dynamo Stadium. Great location neighboring over 300 upscale lofts. In close proximity to well established restaurants, sports bars and upscale hotels. Approximately 20,000 people live in downtown, and a rapidly increasing 380,000 people live in a 5 mile radius. Over 140,000 people work downtown, 17,000 students attend downtown college and approximately 30 million people visit downtown annually for conventions, sporting events, and entertainment purposes. Immediate access to highway 59 East. I-45 South and West, and I-10 North.
Price Upon Req.3,024 SF
Exciting opportunity to own a turn-key restaurant/bar in one of Houston' s thriving sub-markets. The site is situated between popular boutique eateries, diverse retail/wholesale shopping, and specialty food markets. Benefiting from being only minutes from the Galleria and accessible to some of the most affluent residential neighborhoods throughout the city. The property sits at an ideal location between one of the most unique shopping corridors of Houston and the sought after Westheimer corridor, being well positioned for future retail re-development as a future exit strategy. The site is located along Hillcroft Ave just south of Westheimer, between Richmond Ave and Westpark. Traffic Count 52,140.
Price Upon Req.9,600 SF
West Oaks Retail Center is a 9,600 SF single story, multi-tenant retail shopping center located on the southwest corner of Highway 6 and Richmond Avenue. The center is also shadow anchored by the area' s only Home Depot. West Oaks Retail Center is situated on 0.86 acres of land in close proximity to the Edwards Multiplex redevelopment at West Oaks Mall.
Price Upon Req.11,320 SF
Built in 2002, this is a single story, freestanding retail/ restaurant located at the front entrance of the prestigious Royal Oaks sub-division and Country Club, consisting of approximately 900 single-family homes. The restaurant sits on Westheimer, between Kirkwood and Wilcrest and is adjacent to several retailers including PF Changs and Kohl' s clothing store. There is new devel-opment throughout the area that includes multi-family residential, retail centers, offices and restaurants. Easy access from I-10 and Highway 59 N, just west of the Sam Houston Tollway and East of Highway 6.