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Shopping Strip

South Dairy Ashford at Brookglade

9061 S Dairy Ashford Rd, Houston, TX 77099

Listing Price: $2,000,000

Cap Rate
7.04%
Gross SF
10,000
Rentable SF
10,000
Price/Gross SF
$200.00
Lot Size
0.80 acres
Year Built
1981

Investment Overview

Marcus & Millichap is pleased to exclusively list for sale a neighborhood retail center located at 9061 - 9075 South Dairy Ashford Road in Houston, Texas. This 10,000 square feet retail center is situated on a 0.80-acre plot of land on the hard corner of South Dairy Ashford Road and Brookglade Circle. South Dairy Ashford at Brookglade provides investors with the opportunity to acquire a 100 percent occupied center at a seven percent CAP rate. There is a diverse tenant mix, but all leases are triple net, meaning expenses are 100 percent reimbursable. South Dairy Ashford at Brookglade is well-positioned within an established residential trade area; the Property is located near to South Dairy Ashford Road and Bissonnet Street, which sees 31,753 vehicles per day. Additionally, said thoroughfare provides access to local retail tenants as well as national retailers, such as Walgreens, Pizza Hut, Family Dollar, Burger King, and Popeyes Chicken.

Investment Highlights

  • 7.04 Percent CAP Rate
  • 100 Percent Occupied
  • NNN Leases | 100 Percent Reimbursable Expenses
  • Near Dense Residential Communities as well as National Retailers

Exclusively Listed By

Financing By

Shopping Strip

South Dairy Ashford at Brookglade

Listing Price: $2,000,000

Cap Rate
7.04%
Gross SF
10,000
Rentable SF
10,000
Price/Gross SF
$200.00
Lot Size
0.80 acres
Year Built
1981

Investment Highlights

  • 7.04 Percent CAP Rate
  • 100 Percent Occupied
  • NNN Leases | 100 Percent Reimbursable Expenses
  • Near Dense Residential Communities as well as National Retailers

Investment Overview

Marcus & Millichap is pleased to exclusively list for sale a neighborhood retail center located at 9061 - 9075 South Dairy Ashford Road in Houston, Texas. This 10,000 square feet retail center is situated on a 0.80-acre plot of land on the hard corner of South Dairy Ashford Road and Brookglade Circle. South Dairy Ashford at Brookglade provides investors with the opportunity to acquire a 100 percent occupied center at a seven percent CAP rate. There is a diverse tenant mix, but all leases are triple net, meaning expenses are 100 percent reimbursable. South Dairy Ashford at Brookglade is well-positioned within an established residential trade area; the Property is located near to South Dairy Ashford Road and Bissonnet Street, which sees 31,753 vehicles per day. Additionally, said thoroughfare provides access to local retail tenants as well as national retailers, such as Walgreens, Pizza Hut, Family Dollar, Burger King, and Popeyes Chicken.

Exclusively Listed By

Financing By

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