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4145 Gessner Road
Houston, TX 77043
Asking Price
$8.00M
Cap Rate
6.65%
Asset Type
Storefront Retail
Class
Class B
What's Special
Houston, TX | Newly Constructed | 7yr WALT | 6.65% CAP <ul><li><strong>Trophy Asset in Houston |</strong> Newer construction (2023) 6-suite retail center with end cap drive-thru, totaling ±18,228 SF.</li></ul><p></p><ul><li><strong>100% Leased with Strong Tenant Mix |</strong> The UPS Store, Marco’s Pizza, Juarez Mexican Restaurant, Tom n Tom’s Coffee, Logos Dental, and Behavioral Innovations. Incoming Andy’s Frozen Custard (NAP) and a New Construction Chipotle (NAP) further enhances tenant diversity.</li></ul><p></p><ul><li><strong>Prime Locatio
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NOI
$80,000
Cap Rate
1.00%
DSCR
0.17
Underwater
Cash-on-Cash
-16.46%
Monthly Payment
$39,566.242
Annual Cash Flow
$-394,794.907
