The property at 1111 East 11th Street offers a prime investment opportunity in the highly desirable Houston Heights neighborhood. This 5,412-square-foot building is situated on a 0.48-acre lot, providing ample parking for tenants and customers. The property is fully leased to two tenants, each secured with a 10-year primary lease term, ensuring long-term stability and predictable cash flow. Both leases include escalations, offering built-in rent increases over time.
Located in a vibrant, rapidly growing area, the property is surrounded by an abundance of retail, restaurants, and shopping centers, making it an attractive location for both tenants and customers. The Houston Heights neighborhood is known for its mix of historic charm and modern development, making this an excellent opportunity for investors seeking a stable and high-demand location.