616 FM 1960 W Rd

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616 FM 1960 W Rd

Houston, TX 77090
Asking Price
$394K
Asset Type
Retail
Class
Class B

What's Special

616 FM 1960 W Rd is situated in North Houston within the established Ponderosa Forest and Northgate area. The property fronts Farm to Market 1960, a major east-west commercial thoroughfare characterized by high traffic volume and a dense mix of shopping centers, dining establishments, and professional services. The site offers proximity to Interstate 45, providing regional access to George Bush Intercontinental Airport and the Woodlands. Local neighborhood infrastructure includes multiple Metropolitan Transit Authority bus stops and a surrounding residential population that supports the local retail economy. The property is suited for general retail operations, service-oriented businesses, or specialized storefronts requiring high visibility. Typical tenants for this asset type include neighborhood-serving retailers, discount variety stores, cellular providers, or quick-service food operators. The layout and location cater to businesses that benefit from consistent commuter traffic and a customer base drawn from the adjacent suburban residential developments. Its positioning along a primary commercial artery makes it a functional site for both national franchises and local independent enterprises seeking a central presence in the North Houston submarket.

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NOI
$80,000
Cap Rate
20.29%
DSCR
3.42
Strong
Cash-on-Cash
47.84%
Monthly Payment
$1,950.831
Annual Cash Flow
$56,590.031

Location & Travel Times