Kenchester Park Retail Center
$1,337,000
1307 FM 1960 Rd, Houston, TX 77073
Cap Rate
7.50%
Square Feet
6250
Year Built/Renovated
1974/2020
INVESTMENT HIGHLIGHTS
• Easy Access to Interstate 45 and Hardy Toll Road
• Frontage on Farm to Market 1960 Road
• NNN Tenants: 100 Percent Reimbursable Expenses
• Multiple Access Points
• Neighbors Include: Jack in the Box, Wendy’s, and Holiday Inn Express
• Located Near George Bush Intercontinental Airport
PROPERTY DESCRIPTION
Marcus & Millichap is pleased to exclusively list for sale Kenchester Park Retail Center located at 1307 FM 1960 Road in Houston, Texas. This 6,250 square foot retail center is located on approximately 0.54 acres on FM 1960, close to the Hardy Toll Road.
The subject property is 100 percent occupied, accommodating four tenants. All tenant leases are triple-net, protecting an investor from possible increases in future expenses.
The Inverness Forest neighborhood and Kendall Manor Apartments are located behind Kenchester Park Retail Center. Additionally, there are countless industrial businesses in the immediate surrounding area. The George Bush Intercontinental Airport is approximately four miles from the subject property.
Scott Jones
ASSOCIATE
713-452-4359
Gus N. Lagos
SENIOR VICE PRESIDENT
713-452-4257
Alex Wolansky, CCIM
FIRST VICE PRESIDENT
