20210 N US 59 Hwy - Freestanding FOR SALE


Humble, TX 77338- Lake Houston
$3,265,724 USD
713-408-8585
20210 N US 59 Hwy, Humble, TX for Sale
$3,265,724 USD
Freestanding - FOR SALE
1/10
null | 7.25% Cap Rate

20210 N US 59 Hwy
Humble, TX 77338
Lake Houston


OVERVIEW

Investar Real Estate Services Inc. is pleased to offer this outstanding retail opportunity in the highly acclaimed Deerbrook trade area. Surrounded by national and regional retailers this site features freeway visibility to Highway 59. With traffic counts of nearly 200,000 vehicles per day and excellent household income and population growth to the north of the county, this site offers an outstanding retail opportunity. The property is leased to Paradise Grills that is midway through its 10 year lease term. Tenant pays property taxes and insurance, and provides its own property maintenance.

FOR SALE DETAILS

PRICE

$3,265,724 USD

PRICE/SF

$305 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Deerbrook Freestanding Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

-

APN/PARCEL ID

0410510020258

ASK ABOUT THIS PROPERTY

Gary WarnerInvestar Real Estate Services, Inc.More Info
713-408-8585

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Gary WarnerInvestar Real Estate Services, Inc.More Info
713-408-8585

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