bear creek plaza - loopnet · 2019-07-08 · net income $219,270.73 cap rate 7.6 % property summary...
TRANSCRIPT
Property 119 Dyna Plaza
Houston, TX 7703
Property Londonderry Plaza
Presented by PAUL Y. KIRKLEY BROKER, CEO
HOUSKOR-REALTY AND MANAGEMENT, LLC License # TX 556869
832-257-2159
Bear Creek
Plaza 4025 Hwy 6th N.
Houston, TX 77084
Property Address 4025 HIGHWAY 6 N
HOUSTON TX 77084
Year Built 2005
Land 47,432 SF
Building 12,556 SF
Price $2,900,000
Gross Income $275,278.92
Total Expense $56,008.00
Net Income $219,270.73
Cap Rate 7.6 %
Property Summary
Pricing
OGLOBE SHIPPING COMPANY Unit 100 1000SF Rent $1,498 + NNN $452 =$1,950.00 Lease Expires 4/31/2022
TAXIDERMY Unit 101 1206 SF Rent $1,400.00+NNN $600 = $2,000.00 1/1/2021 to $2200 Lease Expires 9/31/2021
Tenant Summary
LAS BRISAS RESTAURANT Unit 101A 1048 SF Rent $1,700.00 + NNN $600 = $2,500.00 3/1/2022 to $2,650.00 Lease Expires 2/28/2027
FRED LOYA INSURANCE Unit 103 1272 SF Rent $2192.22+ NNN $898.69 = $2,089.91 Lease Expires 7/31/2023
HAIR SALON Unit 102 1500 SF Rent $2,225.00+NNN $475.00 =$2,700.00
Lease Expires 10/30/2020
TATTOOS Unit 105 2640 SF Rent : $3,475 + NNN $525 =$4,000.00 3/1/2020 to $4,200 3/1/2021 to $4,400 3/1/2023 to $4,500 Lease Expires 2/29/2025
CELL FIX Unit 106 1074 SF Rent $1,470.00+ $530.00= $2,000.00 Lease expires 8/31/2021
Rick’s Craw Fish Unit 107 2687SF Rent $4,175.00+525.00= $4,700.00 4/1/2020 - $4900 4/1/2021 - $5000 Lease Expires 3/31/2023
sTenant Name Unit
Size Lease Begins
Lease Expires
Security Deposit ETC Total
Oglobe Shipping 100 1129 (1000)
2/1/2013 4/31/2022 $1800.00 . $1498 + NNN $452.00
$1950.00
Taxidermy 101 1206 (1200)
11/07/2013 9/31/2021
$1700.00 $1400 +NNN 600 1/1/2021 to $2200
$2,000.00
LAS BRISAS Restaurant
101A 1048 (1200)
10/22/2015 2/28/2027 $1774.00
$1900 + NNN $600 3/1/2022 to $2,650.00
$2500.00
Fred Loyar
Insurance 103 1272
(1250) 11/1/2003 7/31/2023 $1875.00
$2192.22 +NNN $898.69
$3089.91
Hair Salon 102 1500
10/24/2017
10/30/2020 $2500.00
4/1/2019 to $2,700.00
$2700.00
Tattoo Shop
105B
2640
2/1/2013 2/29/2025 $2000.00.
$3,406.00 +NNN $594.00
3/1/2020 to $4,200.00
3/1/2023 to $4,400.00
3/1/2023 to $4,500.00
$4000.00
Cell Fix 106 1074 9/1/2017 8/31/2021 $1800.00
$1470 base + NNN $530 =
$2,000.00 $2000.00
Nick’s Craw Fish 107 2687 (2650)
11/6/2017 3/31/2023 $4500.00
$4108 + NNN $592 = $4700.00
4/1/2020 to $4900
4/1/2021 to $5000
$4700.00
Monthly Totals
Yearly Totals 12556 SF $16149.00 $22,939.91
Rent Roll
Income: ACTUAL
Annual Rent $218,378.64
NNN Reimburse $56,900.28
Total Income: $275,278.92
Expenses:
Taxes: 24,249.28
Insurance: 7301.75
Electricity / Water 6200.00
Yard Maintenance 4200.00
Trash Dumpster 3137.16
Water 1920
Management 9000
Total Expenses:
Net Operating Income: $219,270.73
PRICE: $2,900,000.00
CAP Rate: 7.6%
Net Operating Income
BEAR CREEK PLAZA - Property Aerial
4025 Hwy 6th N.
Houston, TX 77084
