Skip to main content

Shopping Strip

Walters Road Shopping Center

12755 Walters Rd, Houston, TX 77014

Listing Price: $1,463,000

Cap Rate
7.75%
Gross SF
6,000
Rentable SF
6,000
Price/Gross SF
$243.83
Lot Size
0.51 acres
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Walters Road Shopping Center, a 6,000-square-foot shopping center, situated on a half-acre of land. The property is located at 12755 Walters Road in Houston, Texas.

The subject property is offered for sale at a price of $1,463,000, which is priced below replacement cost at $243 per square foot. Walters Road Shopping Center provides a purchaser a day one cap rate of 7.75 percent. The shopping center is 100 percent occupied by diverse, internet-resistant tenants with staggered lease terms.

Investment Highlights

  • Attractive 7.75 Percent Cap Rate Day One
  • Internet-Resistant Stable Tenants on Staggered Leases
  • Priced Below Replacement Cost
  • Well Constructed Property with Attractive Exterior Finishings

Exclusively Listed By

Financing By

Shopping Strip

Walters Road Shopping Center

Listing Price: $1,463,000

Cap Rate
7.75%
Gross SF
6,000
Rentable SF
6,000
Price/Gross SF
$243.83
Lot Size
0.51 acres
Year Built
2006

Investment Highlights

  • Attractive 7.75 Percent Cap Rate Day One
  • Internet-Resistant Stable Tenants on Staggered Leases
  • Priced Below Replacement Cost
  • Well Constructed Property with Attractive Exterior Finishings

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Walters Road Shopping Center, a 6,000-square-foot shopping center, situated on a half-acre of land. The property is located at 12755 Walters Road in Houston, Texas. The subject property is offered for sale at a price of $1,463,000, which is priced below replacement cost at $243 per square foot. Walters Road Shopping Center provides a purchaser a day one cap rate of 7.75 percent. The shopping center is 100 percent occupied by diverse, internet-resistant tenants with staggered lease terms.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower