16143 N Eldridge Pky - Retail FOR SALE


Tomball, TX 77377
$3,750,000 USD
281-831-4935
16143 N Eldridge Pky, Tomball, TX for Sale
$3,750,000 USD
Retail - FOR SALE
1/36
null | 6.5% Cap Rate

16143 N Eldridge Pky
Tomball, TX 77377


HIGHLIGHTS

  • Center located at the corner of N. Eldridge Parkway and Guernsey Dr a signaled hard corner
  • Located approximately 1.14 miles from Tomball Parkway a major freeway
  • Múltiple access points and great visibility
  • Solid long term tenants
  • High traffic counts

OVERVIEW

INVESTMENT HIGHLIGHTS • Occupancy: 100% Leased • Condition: Recently Renovated • Turnkey, income-producing asset • Strong suburban retail fundamentals • High visibility along a major arterial • Recent renovations reduce capital risk • Ideal for: • 1031 Exchange Buyers • Passive Investors • Retail Investors seeking stabilized yield LOCATION OVERVIEW • Prime frontage along N Eldridge Parkway • Strong connectivity to: • Tomball • Cypress • Northwest Houston • Surrounded by dense residential communities and expanding rooftops • High demand corridor for neighborhood retail TRAFFIC COUNTS • N Eldridge Parkway: ~25,000 – 35,000 VPD • Strong commuter corridor supporting daily retail traffic • Excellent visibility and access

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$262 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

F1

APN/PARCEL ID

1159970060055

ASK ABOUT THIS PROPERTY

Monica VacaPRG RealtorsMore Info
281-831-4935

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Monica VacaPRG RealtorsMore Info
281-831-4935

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