7338 McHenry St - Storefront Retail/Office FOR SALE


Houston, TX 77087- Golfcrest
$1,300,000 USD
832-788-8548
7338 McHenry St, Houston, TX for Sale
$1,300,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | 5.29% Cap Rate

7338 McHenry St
Houston, TX 77087
Golfcrest


HIGHLIGHTS

  • Strong Lease Terms – NNN lease with 4 years remaining, 3% annual increases, and personal guaranty
  • Owner Financing Available
  • Passive Investment – Minimal landlord responsibilities (roof & structure only)
  • Large Lot – 39,416 SF with fenced playground and expansion potential
  • Experienced Tenant – Proven operator with multiple successful childcare centers
  • Ample Parking – On-site parking with two curb cuts for smooth traffic flow

OVERVIEW

A fully operational, NNN-leased daycare investment property located next to elementary school with 755 children at 7338 McHenry St, Houston, TX 77087. This 4,784 SF facility is leased to an experienced daycare operator with over a decade of success in early childhood education. The lease includes 3% annual increases, providing a growing NOI and a hedge against inflation. With 4+ years remaining, personal guaranty, and minimal landlord responsibilities, this is an ideal low-management investment for passive investors. Current rent is $7431 including NNN. The property features an oversized backyard area of approximately 0.30 acres, currently utilized as a playground. Buyers may choose to maintain it as a playground or repurpose it into a storage facility, outdoor seating area, or other functional space to meet their business needs. Daycare business may be available for sale as well which is not included in the value of real estate. Owner financing available! Property Features: Size: 4,784 SF purpose-built for childcare (Licensed for 120 children) Layout: Multiple classrooms, restrooms, offices, kitchen, and indoor play zones Outdoor Space: Oversized fenced playground Licensing-Ready: Compliant with key safety and operational standards Renovations: Updated flooring, interior paint, new front doors, fire exits in each room per city code Dining Area: Staff break room or flexible build-out space Parking: Ample on-site parking for staff and parents Access: Convenient to Hwy 610, I-45, and major residential corridors

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$272 USD /SF

CAP RATE

5.29%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner Financing Available

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

None

APN/PARCEL ID

0551400050033

ASK ABOUT THIS PROPERTY

Nizar NoorRealm Real Estate ProfessionalsMore Info
832-788-8548

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Nizar NoorRealm Real Estate ProfessionalsMore Info
832-788-8548

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