For Sale
$500,000

900 2Nd StRosenberg, TX 77471

High-Yield Multi-Tenant Storefront

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fully leased, four-tenant storefront located at 900 2nd St, Rosenberg, TX 77471. The property boasts a total of 4,662 square feet, with 4,260 square feet of net rentable space, currently generating a strong net operating income (NOI) of $42,760, representing an attractive 8.55% capitalization rate. Priced at $500,000, this translates to a price per square foot of $107.25. Built in 1940, this single-story building is situated in the heart of historic downtown Rosenberg, offering excellent visibility and accessibility. Its prime location provides convenient access to major transportation arteries, including US-69 and Highway 36, ensuring high traffic flow and potential for future growth. The property operates under a net lease structure, and while tenant credit history is not available, the building is currently fully occupied, providing immediate and consistent cash flow. This represents a compelling opportunity for investors seeking a stable, high-yield retail investment in a thriving Texas market. The property consists of one building with four units.

Highlights

  • $500,000 asking price for a Rosenberg, TX retail storefront.
  • 8.55% cap rate with a $42,760 NOI.
  • 4,260 square feet of net rentable space in a 4,662 square foot building.
  • Four tenants in a multi-tenant building.
  • Located at 900 2nd St, Rosenberg, TX 77471, near US-69 and Hwy 36.
  • Built in 1940, this single-story building is currently fully leased.

Property Details for 900 2Nd St

Property type
Retail properties, Retail space
Square Feet
4,662 SF
Year Built
1940
Buildings
1
Stories
1
Units
4

Location Insight

City
Rosenberg
County
Fort Bend
State
Texas
Latitude
29.559127
Longitude
-95.8080057
900 2Nd St, Rosenberg, Texas

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900 2Nd St
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