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4690 Burke Road
Pasadena, TX 77504
Asking Price
$1.50M
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 5,458 SqFt <ol><li>Heavy Daytime Traffic - 15,897 VPD on Burke Road and 8,959 VPD on Crenshaw Road (TxDOT 2022)</li><li>2<sup>nd</sup> Gen Restaurant - fully built-out commercial kitchen, walk-in cooler, and walk-in freezer</li><li>Convenient Access to Beltway 8, Interstate 45, and I-610 Loop</li><li>4 Potential Income Driving Units</li><li>Flood Zone X</li><li>2 Suites in Shell Condition, Each Suite 1,100 SF</li></ol>
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
