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Family Dollar

7302 Scott Street, Houston, TX 77021, USA
$1,595,000 5.50% Cap 7,956 sq ft Built 2007 Representative Photo Print This Page

Location

7302 Scott Street, Houston, TX 77021, USA

Price: $1,595,000
CAP Rate: 5.50%
Net Operating Income: $87,725
Square Footage: 7,956
Lot Size: 0.67 AC
Year Built: 2007

100% Fee Simple InterestCorporate GuaranteeHeavily Trafficked LocationIncome Tax Free StateMinimal Landlord ObligationsStrong Demographics

The subject property consists of a 7,956 SF building on a 0.67 acre lot, net-leased to Family Dollar. It is situated in a core Houston neighborhood, boasting over 16,000 residents within one mile. The property is surrounded by planned multifamily developments and benefits from ±17,000 cars per day on Scott Street as well as its immediate proximity to Interstate 610 (191,000+ cars per day).

Houston is the most populous city in the state of Texas, fourth-most populous city in the United States, most populous city in the Southern United States, as well as the sixth-most populous in North America, with an estimated population of 2,320,268 in 2019. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle.

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    presented by

    David Olsen Vice President of Investment Sales View profile
    Kase Abusharkh Founding Principal View profile

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