Prepared for 1/21/2015 Presented by Kevin Riles Upscale Properties (281) 403-3700 Ext: 4 kevin@kevinrilescommercial.com License: 0465148 Properties for Sale 1 4115 State Highway 35, Houston, TX 77511 Property Details Price $1,350,000 Building Size 5,000 SF Price/SF $270 /SF Property Type Retail Property Sub-type Service/Gas Station Additional Sub-types Free Standing Bldg Vehicle Related Retail Pad Property Use Type Vacant/Owner-User Distressed Yes Commission Split 3% Occupancy 0% No. Stories 2 Year Built 2012 Status Active Property Notes Property Description Price includes Furniture, Fixtures, and EquipmentBank financing available, up to 65% LTV, subject to qualificationsno existing franchisetraffic Count: 22,000 cars per day2014 Property Tax: ~$18,429.75 (~$3.686 per sq. ft.)originally intended as meat market/gas stationland Area: ~49.5 acres, includes Briscoe Canal which is ~12.62 acresbriscoe Canal provides drainagesingle building, 2 stories, totaling 5,000 sq. ft.building has 2,700 sq. ft. porchbuilding has central A/C and heating and greenhousesdriveway and Parking Area: ~25,000 sq. ft., concrete pavinggas Station:4 Multiple Product Dispensers2 Underground storage tanks (20,000 gallon each)3,956 sq. ft. canopyuses water well, septic system and public utilitiesoutside the 100- and 500-year flood plainproperty can be used for all legal purposeseasements: Typical utility Location Description Located along the east side of State Highway 35, just south of the City of Alvin, Brazoria County, TX. The immediate area is ~50%-60% developed.
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2 9999 W. Montgomery Road, Houston, TX 77088 Property Details Price $695,000 Gross Leasable Area 7,200 SF Lot Size 0.88 AC Price/SF $96.53 /SF Property Type Retail Property Sub-type Strip Center Property Use Type Investment Distressed Yes Cap Rate 4.30% Tenancy Multiple Tax ID/APN 0772410010018 Status Active Property Notes Property Description Muti-tenant strip center built in 2005 that was recently foreclosed by a bank. Value add opportunity. Four suites, one of which is occupied by a successful daycare/school.all suites built out except one which is approximately 800 square feet. Ample rear access with a total of 25,000 square feet of concrete parking. Location Description The property is located in Northwest Houston parallel to West Montgomery Road and about 650 feet from West Gulfbank Road. West Montgomery was recently widened here to 4 lanes.
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3 917 Main, Houston, TX 77002 Property Details Price Building Size Property Type Property Sub-type Additional Sub-types Property Use Type Distressed Occupancy 0% Status Active Property Notes Price Not Disclosed 6,971 SF Retail Retail (Other) Self/Mini-Storage Facility Office Condo Vacant/Owner-User Yes Property Description * FOR SALE OR LEASE* Shell condition* Approximately 72' of potential store fronts along the 1001 McKinney tunnel* Can be accessed from street level via the Kirby Lofts lobby or from CVS* Thousands of pedestrians pass the space daily* 2014 taxes approximately $20,188* Call for price and rental rate Location Description * Downtown office buildings are currently ±90% occupied* Total downtown employees number 150,000* Downtown residential expected to triple over next several years* Total annual visitors to downtown: 18.3 million* Houston will be hosting Superbowl LI in 2017, with many events planned for the downtown area* Main Street seeing a resurgence in popularity with many new bars and restaurants opening in 2013 and 2014
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4 1319 N. Pruett, Baytown, TX 77520 Property Details Price $630,000 Gross Leasable Area 21,000 SF Lot Size 1.21 AC Price/SF $30 /SF Property Type Retail Property Sub-type Strip Center Property Use Type Investment Distressed Yes Building Class C Tenancy Multiple Status Active Property Notes Property Description This is a 21,026 sq. ft. (per HCAD) multi-purpose class C building (possible retail/office use) on approximately 1.21 acres. It is divided into 2 spaces --- one is open floor plan and second space is built out with approximately 10 offices. There is one over-head door and rear access with ample parking. The property was originally built as a shopping center and could still be used for retail. The property originally was occupied by Hancock Fabrics and a Home Health Care business. The property is currently vacant. This property would also be ideal for an oil and gas service related business serving the Baytown petrochemical complex. Location Description The building is located close to the Highway 146/Garth Road area in the Baytown, TX.
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5 3202 FM 2403, Alvin, TX 77511 Property Details Price $425,000 Building Size 3,000 SF Lot Size 36,634 SF Price/SF $141.67 /SF Property Type Retail Property Sub-type Service/Gas Station Property Use Type Vacant/Owner-User Distressed Yes Commission Split 3% Occupancy 0% Tax ID/APN 0423-0012-000 Status Active Property Notes Property Description High visibility vacant convenience Store with a 2350 sq.ft. Canopy, 4 X 2 sided multi-grade dispenser, 4 X 1 side single grade dispenser, 4 X 10,000 gallon underground storage tanks, 1 X 4,000 gallon underground storage tanks. Location Description At the intersection of TX-35 and F.M.2403
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6 12768 MARKET STREET RD, Houston, TX 77015 Property Details Price $265,000 Gross Leasable Area 5,063 SF Lot Size 22,200 SF Price/SF $52.34 /SF Property Type Retail Property Sub-type Strip Center Additional Sub-types Warehouse Restaurant Property Use Type Investment Distressed Yes Commission Split 6% Tenancy Multiple Status Active Property Notes Property Description 5063 sf Shopping Center with NEW exterior Hardi siding all around and new paint. Large parking area in back included. Ready for owner user with built out Restaurant and great potential rental income producing property. Location Description Nicely populated and industrial area with little competition. One block from Corner lot. Visibly from Lighted Intersection. 25,000 traffic count per day combined Normandy and Market St.
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7 12055 Louetta Rd., Houston, TX 77070 Property Details Price $725,000 Building Size 4,950 SF Lot Size 25,519 SF Price/SF $146.46 /SF Property Type Retail Property Sub-type Vehicle Related Property Use Type Vacant/Owner-User Distressed Yes Commission Split 6% Occupancy 0% Status Active Property Notes Property Description Foreclosure-Reduced. Previous Kwik Lube / Service Station. Owner Will Consider Financing with 25% Down. This property has a two-story office interior consisting of 900 square feet (per appraisal); tile and carpet flooring; sheetrock walls and ceilings; fluorescent lighting; and 100 percent HVAC. It includes a small kitchenette area, front desk, and customer bathroom in the Lobby area. There are two offices upstairs including a bathroom with shower. The service area consists of 2,700 square feet (per appraisal) with 4 operational drive-through bays with 12-foot by 12-foot overhead doors. There are 3 bays for oil change with one equipped with a hydraulic lift and 1 bay with a Dynamometer rack and Environmental Systems Product equipment. There is a separate employee office and bathroom. The service area consists of concrete flooring; concrete block walls; open steel frame and ceilings; and no HVAC. The exterior construction consists of masonry exterior; built-up roof; concrete slab foundation; and exterior lighting. The service area has a full size underground pit area totaling 2,250 square feet (per appraisal) complete with oil bulk tanks, pumps, hydraulic grease guns, and work rac Location Description Louetta Rd: Approximately 1 Mile From Hwy 249 and Louetta Intersection.