8500 Almeda Genoa, Houston, TX
Retail for Sale - $5,452,942 - 46,800 Sq. Ft. on 4.33 acres
Property Info
| CIMLS# | 164085 |
| Location 8500 Almeda Genoa Houston TX 77075 | |
| Updated | September 24th, 2011 |
| Type | Retail |
| Price | $5,452,942 |
| Building | 46,800 Sq. Ft. |
| Land | 4.33 acres |
Property Description
This center is located less than 1 mile south of the second largest airport in the Houston Area, Hobby Airport. The site is minutes away from the Gulf Freeway, and is on a major corridor to the Almeda Mall, Super Wal-Mart and other large box retailers.
Monroe Rd expansion was just completed in 2010 now connecting Pearland, TX to I-45. Monroe Rd and Almeda Genoa are both major arteries in the Southeast part of Houston, which intersects at La Placita Shopping Center.
The retail buildings contain +/- 46,800 SF of net rentable area and supporting site improvements.
Financials
Total Revenue $695,964
Total Expenses $205,199
NOI $490,765