Shopping Strip
Walters Road Shopping Center
12755 Walters Rd, Houston, TX 77014
Listing Price: $1,463,000
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
Listing Price: $1,463,000
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
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