Shopping Strip
8707 MLK
8707 Martin Luther King Junior Blvd, Houston, TX 77033
Listing Price: $1,827,000
Investment Overview
Marcus & Millichap is pleased to exclusively list for sale 8707 MLK Shopping Center located at 8707 Martin Luther King, Jr. Boulevard in Houston, Texas. This 9,500-square-foot retail center is located on approximately 0.92 acres fronting Martin Luther King, Jr. Boulevard.
The subject property is 100 percent occupied, accommodating six tenants. All tenant leases are triple-net, protecting an investor from possible increases in future expenses. Additionally, tenants are signed to long-term leases. 8707 MLK Shopping Center is offered at a price of $1,827,000, which represents a 7.89 percent cap rate.
Investment Highlights
- Frontage Location With Multiple Access Points
- Straight In-Line Retail Center
- 100 Percent Occupied
- NNN Tenants: 100 Percent Reimbursable Expenses
- 7.89 Percent Day One Cap Rate
- Dense Residential Area
Exclusively Listed By
Financing By
Listing Price: $1,827,000
Investment Highlights
- Frontage Location With Multiple Access Points
- Straight In-Line Retail Center
- 100 Percent Occupied
- NNN Tenants: 100 Percent Reimbursable Expenses
- 7.89 Percent Day One Cap Rate
- Dense Residential Area
Investment Overview
Marcus & Millichap is pleased to exclusively list for sale 8707 MLK Shopping Center located at 8707 Martin Luther King, Jr. Boulevard in Houston, Texas. This 9,500-square-foot retail center is located on approximately 0.92 acres fronting Martin Luther King, Jr. Boulevard. The subject property is 100 percent occupied, accommodating six tenants. All tenant leases are triple-net, protecting an investor from possible increases in future expenses. Additionally, tenants are signed to long-term leases. 8707 MLK Shopping Center is offered at a price of $1,827,000, which represents a 7.89 percent cap rate.
Exclusively Listed By
Financing By

