This Property is no longer advertised on Showcase.com.
Off Market
1/12

708 College Ave
South Houston, TX 77587


HIGHLIGHTS

  • Heavy traffic counts of over 25,000 cars per day
  • Newly executed 10 year lease.
  • NNN Lease in place
  • Tenant has many years of experience in the business.
  • Over 300' of frontage on busy College Ave.
  • 42,600 Sf of total property for future development

OVERVIEW

Current tenant's new lease was effective March 1, 2019 with 10 years term. Tenant pays all maintenance, taxes and insurance. Strong, experienced tenant with other locations in Houston. Over 9% cap rate on full price. Lots of potential for the property in the future with a large 42,600 SF lot. Over 300' of frontage on College Ave. with over 25,000 cars per day. Very highly visible property.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Leal Funeral Home

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Lodge/Meeting Hall

TOTAL BUILDING SIZE

7200

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.98 AC AC

LAND SF

42,602 SF

ZONING

-

APN/PARCEL ID

0340620220002,0340620220003,0340620220004,0340620220012