12637 Westheimer Rd - Restaurant FOR SALE


Houston, TX 77077- Briar Village
$3,790,000 USD
832-566-7356
12637 Westheimer Rd, Houston, TX for Sale
$3,790,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

12637 Westheimer Rd
Houston, TX 77077
Briar Village


HIGHLIGHTS

  • Heavy daytime foot traffic
  • Lots of natural light
  • Cover patio dining area

OVERVIEW

Investment Highlights • Current Building Vacancy: 2,450 SF (19.439%) • Pro Forma Lease Assumption: Vacant space leased at an average base rental rate of $20.50/SF/YR (NNN). • Estimated Additional Annual Base Rent: $50,225 (2,450 SF × $20.50/SF/YR). • Pro Forma Capitalization Rate: 7.51% based on stabilized occupancy assumptions provided by owner/broker. • Opportunity for immediate NOI growth through lease-up of the remaining suites while maintaining a diversified tenant mix.

FOR SALE DETAILS

PRICE

$3,790,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Sale 12637 Westheimer Rd

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,874 SF

ZONING

None

APN/PARCEL ID

1175310000001

ASK ABOUT THIS PROPERTY

Wan Yi, CCIMW Realty & Investment GroupMore Info
832-566-7356

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Wan Yi, CCIMW Realty & Investment GroupMore Info
832-566-7356

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