Houston #ShoppingCenter WITH a C-Store for sale has a very high actual cap rate at near 10% with 75% occupancy, once we get the last space filled we will have a 13%+ cap rate. Asking price: $599k with a NOI (Net Operating Income) of $60,000 annually. Long term tenants in place. C-Store is long term tenant been there many years. Property is on soft corner in front of 400 Unit Apartment Complex.
Location: Northeast Houston
NEED ADDRESS: SIGN commission protection agreement and fax to 1-800-508-2939 or email it to Allen.