713-823-2121
3602 Navigation Blvd, Houston, TX for Sale
Freestanding - FOR SALE
1/28
null | Request Cap Rate

3602 Navigation Blvd
Houston, TX 77003
EaDo


HIGHLIGHTS

  • PLEASE DO NOT DISTURB THE TENANTS

OVERVIEW

The investment represents a tremendous upside. The subject is offered at a fair price per square foot to the building. Irreplaceable building in good move in condition for a prospective new owner. Property is located in the shadow of the Houston CBD/Downtown, within a short distance from the Toyota Center, Daiken Park, George R. Brown Convention Ctr & the Houston Center. Neighborhood is rife with new retail and residential developments. The property is located in the East Downtown Management District (EaDo), in a very high traffic location The property has great visibility and easy access surrounding freeways and Downtown Houston. Well established retail building located within Houston's rapidly gentrifying east end. Close proximity to lively Navigation Esplanade, home to several bustling restaurants and farmers markets. Less than a mile from East River, Midway’s 150-acre, multi-phase and mixed-use development. 11,832-SF historic building on a 14,375-SF corner lot along Navigation Blvd. Building has retail spaces in the front and storage area in the back with 3-Phase 480V power. Newly renovated exterior and retail/office spaces with new HVAC and roof. The subject has 98 feet of frontage on Navigation, 139 feet of frontage on N Hutcheson, and 95 feet on Merkel. 2024 population within a 5-mile radius from the subject property exceeded 400,000 with the projected average household income being close to $100,000. Daytime employment is over 350,000 and rising within a 5-mile radius from the subject property. PLEASE DO NOT DISTURB THE TENANTS

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

-

APN/PARCEL ID

0260750000005,0260750000019

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Fred GhabrielBejjani & AssociatesMore Info
713-823-2121

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Fred GhabrielBejjani & AssociatesMore Info
713-823-2121

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