5601 East Parkway Street

5601 East Parkway Street Groves, TX 77619

Square footage

8.575

Acres

-

Floor

-

Rate

-

Property Highlights

  • Italian Restaurant Currently on a MTM Lease Paying $2,500/ Month in Gross Rent. Tenant Willing to Vacate

  • Located at the Hard Corner and Signalized Intersection of E Parkway St & 39th St

  • Frontage on Hwy 73 Access Road

  • High Visibility

  • Multiple Points of Ingress/Egress

  • Owner-User Opportunity

FINANCIAL DETAILS

  • PRICE – $1,200,500

  • GLA TOTAL – 8,575 SF

  • GROSS INCOME – $30,000/year

  • PPF – $140/SF

BUILDING DETAILS

  • GLA AVAILABLE – 5,575 SF

  • LOT SIZE – 0.73 Acres

  • OCCUPANCY – 35%

  • YEAR BUILT – 1967

Aerial View & Location Map