5229 Griggs Rd - Storefront FOR SALE


Houston, TX 77021- OST-South Union
$1,690,000 USD
713-924-9100
5229 Griggs Rd, Houston, TX for Sale
$1,690,000 USD
Storefront - FOR SALE
1/13
null | Request Cap Rate

5229 Griggs Rd
Houston, TX 77021
OST-South Union


HIGHLIGHTS

  • Heavy Traffic
  • Light Rail nearby
  • Rapidly developing inner loop location

OVERVIEW

Prime inner loop location, 2 acres near the intersection of Griggs Rd and MLK in southeast Houston- rapidly developing area near UH, TSU, Medical Center..! Being sold for land value, priced under $20/SF! 2 large buildings included; Building #1- Currently owner operating month-to-month as a discount store / convenience store, Building #2 is vacant, owner may consider a temporary short term lease back and or will deliver property vacant upon closing, many opportunities to continue as retail or repurpose the buildings and or redevelop. Great opportunity, priced to move! Call today.

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

N/Ap, Houston

APN/PARCEL ID

0410070310010

ASK ABOUT THIS PROPERTY

Eric GarciaCarlos Garcia RealtyMore Info
713-924-9100

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Eric GarciaCarlos Garcia RealtyMore Info
713-924-9100

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