12019-12035 Misty Valley - Freestanding FOR SALE


Houston, TX 77066
$949,000 USD
713-459-1333
12019-12035 Misty Valley, Houston, TX for Sale
$949,000 USD
Freestanding - FOR SALE
1/7
null | 9.16% Cap Rate

12019-12035 Misty Valley
Houston, TX 77066


HIGHLIGHTS

  • Frontage Location
  • Klein Forest High School Across the Street
  • Expenses are 100 Percent Reimbursed by NNN Tenants
  • 9.16 Percent Cap Rate

OVERVIEW

Marcus & Millichap is pleased to exclusively list for sale Misty Valley Shopping Center, located at 12033 Misty Valley Drive in Houston, Texas. This 6,510-square-foot retail center is situated on a 0.52 acre tract of land fronting Misty Valley Drive. Klein Forest High School is located across the street. Misty Valley Shopping Center is 100 percent occupied. All tenant leases are triple-net, protecting an investor from possible increases in future expenses. The property is offered for sale for a price of $949,000, which represents a 9.16 percent cap rate.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

9.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Misty Valley Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

None

APN/PARCEL ID

0461000000036

ASK ABOUT THIS PROPERTY

Gus LagosMarcus & MillichapMore Info
713-459-1333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Gus LagosMarcus & MillichapMore Info
713-459-1333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.