6501 Southwest Fwy Houston, TX 77074
Prime Houston restaurant, high NOI, strong cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $4,950,000 asking price for a 6,713 SF net lease retail property.
- 6.30% cap rate with a $312,000 NOI.
- Located at 6501 Southwest Fwy, Houston, TX 77074, on a 1.31-acre lot with 120 parking spaces.
- 100% occupancy with El Muelle Seafood & Grill as the tenant; property recently renovated in 2024.
- Ground lease with rent bumps included.
Property Details for 6501 Southwest Fwy
- Property type
- Retail properties, Restaurants
- Square Feet
- 6,713 SF
- Year Built/Renovated
- 1979/2024
- Lot Size (sq. ft)
- 57,064 SF
Location Insight
- City
- Houston
- County
- Harris
- State
- Texas
- Latitude
- 29.717475287207
- Longitude
- -95.49706491002
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime Houston restaurant, high NOI, strong cap rate.
- Where is the retail property located?
- The property is located at 6501 Southwest Fwy Houston, TX.
- What is the asking price?
- The asking price for this property is $4,950,000.
- What are key features of this property?
- This property features: $4,950,000 asking price for a 6,713 SF net lease retail property.; 6.30% cap rate with a $312,000 NOI.; Located at 6501 Southwest Fwy, Houston, TX 77074, on a 1.31-acre lot with 120 parking spaces.
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