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
1665 Westheimer
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
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
