12815-12829 Aldine Westfield Rd - Freestanding FOR SALE


Houston, TX 77039- Aldine
$2,875,000 USD
713-459-1333
12815-12829 Aldine Westfield Rd, Houston, TX for Sale
$2,875,000 USD
Freestanding - FOR SALE
1/7
null | 6.82% Cap Rate

12815-12829 Aldine Westfield Rd
Houston, TX 77039
Aldine


HIGHLIGHTS

  • Frontage Location With Multiple Access Points
  • Straight In-Line Retail Center
  • 100 Percent Occupied
  • NNN Tenants
  • Easy Access to Hardy Toll Road and Interstate 69

OVERVIEW

Marcus & Millichap is pleased to exclusively list for sale Plaza Aldine, located at 12815 Aldine Westfield Road in Houston, Texas. This 9,425-square-foot retail center is located on approximately 0.75 acres fronting Aldine Westfield Road, near the intersection of Aldine Mail Route Road and Aldine Westfield Road. The property’s location allows for easy access to the Hardy Toll Road and Interstate 69. The subject property is 100 percent occupied, accommodating seven tenants. All tenant leases are triple-net, protecting an investor from possible increases in future expenses. Additionally, the vast majority of tenants are signed to long-term leases. Plaza Aldine is located next to Dollar General which ranks in the top 86 percent of Dollar General locations nationwide. Other nearby retailers include Walgreens and Advance Auto Parts, which also rank highly per Placer.AI.

FOR SALE DETAILS

PRICE

$2,875,000 USD

PRICE/SF

$305 USD /SF

CAP RATE

6.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plaza Aldine

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

N/A

APN/PARCEL ID

1218780010003

ASK ABOUT THIS PROPERTY

Gus LagosMarcus & MillichapMore Info
713-459-1333

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Gus LagosMarcus & MillichapMore Info
713-459-1333

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