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Brief Information about your select Property
Flyer provided by HAR
Property For Sale
40 N MAIN ST.
KINGWOOD, TX 77339
40 N MAIN ST.
KINGWOOD, TX 77339
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Property Information:
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Sub Type Information:Retail Information
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Comments: CLASS A KINGS CROSSING TOWN CENTER - RETAIL/OFFICE FOR SALE - $10,500,000 AT 8.5% CAP RATE; 7.1% CASH RETURN 48,435 SF IN FIVE BUILDING - ONE AND TWO STORIES. 94+% LEASED TO 30 TENANTS AT $19.54/SF. AVERAGE 1,530 SF WITH 77% OF LEASES EXPIRING IN 2010 AND BEYOND. AT THE KEY KINGWOOD INTERSECTION OF KINGWOOD DRIVE AND WEST LAKE HOUSTON PARKWAY. PART OF OVER 400,000 SF RETAIL & OFFICE COMPLEX. EXISTING LOAN MUST BE ASSUMED - 7.21% RATE ON APPROXIMATELY $6,150,000 BALANCE WITH ~4.5 YEARS LEFT.
Listing Office: MARTIN MCDONALD
Flyer Courtesy Of: Mike Nematpour
Office Phone: (713) 977-5800
Direct Phone: (713) 977-5800
Office Phone: (713) 977-5800
Direct Phone: (713) 977-5800
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As a member you will be able to save this property for later review.Property ID # 167554
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