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510 Gray St
Houston, TX 77002 Midtown Houston

Price Upon Request

Freestanding For Sale • 14,788 SF

Property Details

Property Type Freestanding
Total Building Size 14,788 SF
Lot Size 1.25 AC
Building Class B
Year Built 2004
Tenancy Multiple
Zoning Commercial

90 Transit Score

100 Walk Score

                
                    Highlights
                
                                STARTING BID $1,000,000 | 52K VPD | $309K NOI (Leasehold Interest) | AUCTION NOVEMBER 14-16, 2022
                            
                                100% Occupied Retail Center Anchored by Buffalo Wild Wings and Gyu Kaku, Each with Over $2M Store Sales
                            
                                ±31-Years of Term and Options Remaining on Ground Lease | In Place NOI = $309K
                            
                                Located at Four Signalized Corners | +52,000 Vehicles Per Day; Two-Blocks from I-45 (+224,000 VPD)
                            
                                Strong Demographics with 5-Mile Population of ±485,718 and Annual Household Income of ±$109,524
                            
                                Tremendous 23% Growth from 2010-2022 and 5% Growth Thru 2027 Anticipated (5-Mile Radius)

Amenities

Corner Lot
Dedicated Turn Lane
Restaurant
Signage
Signalized Intersection
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Houston (Sunset Limited - Amtrak)	4 min	-	1.5 mi
Transit/Subway	Drive	Walk	Distance
Downtown Transit Center Stn Sb (METRORAIL RED LINE - Metropolitan Transit Authority of Harris County)	1 min	7 min	0.4 mi
Mcgowen (METRORAIL RED LINE - Metropolitan Transit Authority of Harris County, Redline - Metropolitan Transit Authority of Harris County)	1 min	10 min	0.5 mi
Bell Stn Sb (METRORAIL RED LINE - Metropolitan Transit Authority of Harris County)	2 min	12 min	0.6 mi
Ensemble/Hcc Stn Nb (METRORAIL RED LINE - Metropolitan Transit Authority of Harris County)	2 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
William P Hobby	24 min	-	11.9 mi
George Bush Intcntl/Houston	27 min	-	21.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	61
Type:	Surface
Included in Rent:	Yes

510 Gray St OFF MARKET Houston, TX 77002 Midtown Houston OFF MARKET