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Shopping Strip

8103 Homestead Rd

8103 Homestead Rd, Houston, TX 77028

Listing Price: $1,225,000

Cap Rate
9.13%
Gross SF
14,880
Rentable SF
14,880
Price/Gross SF
$82.33
Lot Size
1.79 acres
Year Built
1945

Investment Overview

The offering consists of a 14,880 SF fully occupied shopping center situated on 1.79 acres on Homestead Road in Houston, TX. The subject property is located North of 610 and East of I-69.

The subject property provides great upside of tenants paying far below market rents on month-to-month leases and a price per foot of $77. The center features about 0.9 acres of raw land directly behind for an additional $150,000 at $4/sf.

Investment Highlights

  • Upside Through Lease Re-Structure
  • Low Price Per Foot
  • Additional Land For Development

Exclusively Listed By

Financing By

Shopping Strip

8103 Homestead Rd

Listing Price: $1,225,000

Cap Rate
9.13%
Gross SF
14,880
Rentable SF
14,880
Price/Gross SF
$82.33
Lot Size
1.79 acres
Year Built
1945

Investment Highlights

  • Upside Through Lease Re-Structure
  • Low Price Per Foot
  • Additional Land For Development

Investment Overview

The offering consists of a 14,880 SF fully occupied shopping center situated on 1.79 acres on Homestead Road in Houston, TX. The subject property is located North of 610 and East of I-69. The subject property provides great upside of tenants paying far below market rents on month-to-month leases and a price per foot of $77. The center features about 0.9 acres of raw land directly behind for an additional $150,000 at $4/sf.

Exclusively Listed By

Financing By

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