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Shopping Strip

1665 Westheimer

1665 Westheimer Rd, Houston, TX 77006

Listing Price: $7,075,000

Cap Rate
5.20%
Gross SF
11,318
Rentable SF
11,318
Price/Gross SF
$625.11
Lot Size
0.25 acres
Year Built
1936

Investment Overview

Structured Rent Increases in Primary Terms Provide a Hedge Against Inflation

Investment Highlights

  • 100% Leased Retail Property at Major Intersection in Houston's Urban Core
  • High Quality, Hip Tenancy with NNN Leases in the Heart of Houston's Famed Montrose Neighborhood
  • Rock Solid Occupancy History | The Property has been 100% Leased for Over 20 Years
  • Hard Corner Location at the Signalized Intersection of Westheimer and Dunlavy
  • Strong Demographics with Average Household Income Exceeding $156,500 in a 3-Mile Radius
  • Weighted Average Lease Term is +/- 7.5 Years | Modest Rents Provide Future Upside Opportunity

Exclusively Listed By

Financing By

Shopping Strip

1665 Westheimer

Listing Price: $7,075,000

Cap Rate
5.20%
Gross SF
11,318
Rentable SF
11,318
Price/Gross SF
$625.11
Lot Size
0.25 acres
Year Built
1936

Investment Highlights

  • 100% Leased Retail Property at Major Intersection in Houston's Urban Core
  • High Quality, Hip Tenancy with NNN Leases in the Heart of Houston's Famed Montrose Neighborhood
  • Rock Solid Occupancy History | The Property has been 100% Leased for Over 20 Years
  • Hard Corner Location at the Signalized Intersection of Westheimer and Dunlavy
  • Strong Demographics with Average Household Income Exceeding $156,500 in a 3-Mile Radius
  • Weighted Average Lease Term is +/- 7.5 Years | Modest Rents Provide Future Upside Opportunity

Investment Overview

Structured Rent Increases in Primary Terms Provide a Hedge Against Inflation

Exclusively Listed By

Financing By

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