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Shopping Strip

Plaza Aldine

12815 Aldine Westfield Rd, Houston, TX 77039

Listing Price: $2,875,000

Cap Rate
6.82%
Gross SF
9,425
Rentable SF
9,425
Price/Gross SF
$305.04
Lot Size
0.75 acres
Year Built
2003

Investment Overview

Marcus & Millichap is pleased to exclusively list for sale Plaza Aldine, located at 12815 Aldine Westfield Road in Houston, Texas. This 9,425-square-foot retail center is located on approximately 0.75 acres fronting Aldine Westfield Road, near the intersection of Aldine Mail Route Road and Aldine Westfield Road. The property’s location allows for easy access to the Hardy Toll Road and Interstate 69.

The subject property is 100 percent occupied, accommodating seven tenants. All tenant leases are triple-net, protecting an investor from possible increases in future expenses. Additionally, the vast majority of tenants are signed to long-term leases.

Plaza Aldine is located next to Dollar General which ranks in the top 86 percent of Dollar General locations nationwide. Other nearby retailers include Walgreens and Advance Auto Parts, which also rank highly per Placer.AI.

Investment Highlights

  • Frontage Location With Multiple Access Points
  • Straight In-Line Retail Center
  • 100 Percent Occupied
  • NNN Tenants
  • Easy Access to Hardy Toll Road and Interstate 69

Exclusively Listed By

Financing By

Shopping Strip

Plaza Aldine

Listing Price: $2,875,000

Cap Rate
6.82%
Gross SF
9,425
Rentable SF
9,425
Price/Gross SF
$305.04
Lot Size
0.75 acres
Year Built
2003

Investment Highlights

  • Frontage Location With Multiple Access Points
  • Straight In-Line Retail Center
  • 100 Percent Occupied
  • NNN Tenants
  • Easy Access to Hardy Toll Road and Interstate 69

Investment Overview

Marcus & Millichap is pleased to exclusively list for sale Plaza Aldine, located at 12815 Aldine Westfield Road in Houston, Texas. This 9,425-square-foot retail center is located on approximately 0.75 acres fronting Aldine Westfield Road, near the intersection of Aldine Mail Route Road and Aldine Westfield Road. The property’s location allows for easy access to the Hardy Toll Road and Interstate 69. The subject property is 100 percent occupied, accommodating seven tenants. All tenant leases are triple-net, protecting an investor from possible increases in future expenses. Additionally, the vast majority of tenants are signed to long-term leases. Plaza Aldine is located next to Dollar General which ranks in the top 86 percent of Dollar General locations nationwide. Other nearby retailers include Walgreens and Advance Auto Parts, which also rank highly per Placer.AI.

Exclusively Listed By

Financing By

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