9401 Clay Rd - Freestanding FOR SALE


Houston, TX 77080- Spring Branch Central
$2,800,000 USD
281-690-0535
9401 Clay Rd, Houston, TX for Sale
$2,800,000 USD
Freestanding - FOR SALE
1/5
null | 6.28% Cap Rate


OVERVIEW

Clay Plaza is 88% percent leased, and all leases are triple-net. Tenants are a complementary mix of internet-resistant and service-oriented businesses. The building is 2005 construction featuring an attractive architectural design and is situated on .65 acres with ample paved parking. A large double-sided monument sign provides additional exposure to the center. VALUE ADD with under market rents! Clay Plaza is located on Clay Road, near the intersection with Blalock Street. Traffic counts exceed 25,000 vehicles per day in front of the property. The subject property is near many national and regional retailers including HEB, Kroger, LAFitness, Walgreens, Aldi, Starbucks, KFC, and many others. The surrounding area has desirable demographics, serving a dense residential area with 120,951, residents within three miles and 330,046residents within five miles of the property.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

6.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clay Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

CROSS STREETS

Blalock Rd

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

GC

APN/PARCEL ID

0930770000008

ASK ABOUT THIS PROPERTY

Rafael MelaraROM Commercial PropertiesMore Info
281-690-0535

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Rafael MelaraROM Commercial PropertiesMore Info
281-690-0535

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