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Victoria Aguirre

RE/MAX Corridor

Property Details

Property Type Retail - Street Retail
Property Size 3,200 SF
Units 4
Lot Size 0.46 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1979
Date Updated Sep 18, 2024

Positioned in the heart of Houston, the area offers easy access to major business hubs, popular dining spots, and cultural attractions. Investors will appreciate the proximity to notable landmarks such as the Galleria, a premier shopping destination, and the prestigious Uptown District. Additionally, the area is surrounded by a diverse mix of businesses, offering invaluable networking opportunities. With a strategic location in a dynamic and evolving business landscape, the property presents an exceptional investment opportunity for office building investors seeking to capitalize on the energy of Houston's commercial real estate market.This 3,200 SF building, constructed in 1979, boasts four fully leased units, offering a secure and immediate return on investment with 100% occupancy. The property's strategic location, combined with its solid rental history, presents a compelling investment proposition for retail investors seeking stable and consistent income. With its attractive features and strong tenant base, this property is positioned to deliver both immediate and long-term value, making it a noteworthy addition to any retail investor's portfolio.

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Highlights

3,200 SF building | Two Income Producing Pad Sites
Built in 1979 | Renovated 2021
100% occupancy | Staggered Leases
Strong rental history | Long Term Tenants
8.15% CAP | 8.3% Cash on Cash Return (see financing)
Part of a Portfolio (5501 Mount Houston Road, HTX)

Getting around

74/100
Walk Score ®
44/100
Transit Score ®
49/100
Bike Score ®

Powered by Walk Score ®

Location

City Houston, TX
Neighborhood Chinatown
Zip Code 77036
Market Houston

Points of Interest

TMC Transit Center

8.14 miles
Fannin South

8.17 miles
Dryden/TMC

8.31 miles
Hermann Park/Rice U

8.88 miles
Kinder Station

9.07 miles
M. D. Anderson Station

9.17 miles
Museum District (southbound)

9.23 miles
Museum District (northbound)

9.27 miles

Exxon

0.98 miles
Valero

1.04 miles
Shell

1.53 miles
Mobil

1.87 miles
Now & Forever

1.88 miles
Startrac

1.97 miles
Tesla Supercharger

3.16 miles
Blink

3.35 miles
eVgo

3.65 miles
Siemens

4.80 miles

Westwood Park and Ride

1.41 miles
Gessner Park and Ride

2.11 miles
Westchase Park and Ride

2.38 miles
Schlumberger Parking Garage

2.61 miles
METRO West Bellfort Park & Ride

2.82 miles
Hilcroft Park and Ride

3.33 miles
West Loop Park & RIde

4.76 miles
West Loop Park & Ride

4.82 miles
Missouri City Park and Ride

5.04 miles

Cicis

0.12 miles
McDonald's

0.15 miles
Jabastian's Mexican Restaurant

0.18 miles
Maharaja Bhog

0.37 miles
Pho Binh 59 South

0.37 miles
Peking Cuisine Chinese Restaurant

0.37 miles
Olive Garden

0.40 miles
Saltgrass Steakhouse

0.46 miles
Church's Chicken

0.55 miles
La Pupusa Rica

0.88 miles

Ross

0.22 miles
Marshalls

0.26 miles
Jusgo

1.22 miles
Welcome Food Center

1.22 miles
Jusgo Supermarket

1.22 miles
Fiesta

1.32 miles
Great Wall Supermarket

1.34 miles
H-E-B

1.35 miles
Viet Hoa International Foods

1.39 miles
H Mart

1.50 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

8631 Beechnut Street