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Misty Valley Shopping Center

$999,000

12033 Misty Valley Drive, Houston, TX 77066

Cap Rate

8.70%

Square Feet

6510

Year Built/Renovated

1972

INVESTMENT HIGHLIGHTS

• Frontage Location

• Klein Forest High School Across the Street

• Expenses are 100 Percent Reimbursed by NNN Tenants

• 8.70 Percent Cap Rate

PROPERTY DESCRIPTION

Marcus & Millichap is pleased to exclusively list for sale Misty Valley Shopping Center, located at 12033 Misty Valley Drive in Houston, Texas. This 6,510-square-foot retail center is situated on a 0.52 acre tract of land fronting Misty Valley Drive. Klein Forest High School is located across the street.

Misty Valley Shopping Center is 100 percent occupied. All tenant leases are triple-net, protecting an investor from possible increases in future expenses. The property is offered for sale for a price of $999,000, which represents a 8.70 percent cap rate.

Gus N. Lagos

SENIOR MANAGING DIRECTOR INVESTMENTS
8.70%
713-452-4257

Alex Wolansky, CCIM

MANAGING DIRECTOR INVESTMENTS
alex.wolansky@marcusmillichap.com
713-452-4292

EXCLUSIVELY
LISTED BY
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