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1111 Spencer Hwy
South Houston, TX 77587
Spencer Tiendas · Retail Property For Sale
Investment Highlights
- ±17,388 SF building on ±1.88 acres
- Multiple long-term leases with renewal options
- Ideal 1031 exchange investment
- Strong tenant mix including restaurants, retail, insurance, and service users
- Prime Spencer Hwy location with excellent visibility and accessibility
Executive Summary
Spencer Tiendas Shopping Center presents an excellent opportunity to acquire a stabilized retail investment asset in South Houston, Texas. The property features a ±17,388 SF retail center situated on ±1.88 acres at the highly visible intersection of Spencer Highway and South Allen Genoa Road. The center benefits from strong accessibility, prominent signage, and a strategic location within an established retail corridor. Surrounded by residential communities and complementary commercial users, Spencer Tiendas Shopping Center offers investors a well-positioned asset with long-term value potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
17,388 SF
Building Class
B
Year Built
2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.88 AC
Zoning
Commercial
Parking
94 Spaces (5.41 Spaces per 1,000 SF Leased)
Frontage
174’ on Spencer Highway
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Wheelchair Accessible
Property Taxes
| Parcel Number | 1322380010002 | Improvements Assessment | $3,007,169 |
| Land Assessment | $1,225,455 | Total Assessment | $4,232,624 |
Property Taxes
Parcel Number
1322380010002
Land Assessment
$1,225,455
Improvements Assessment
$3,007,169
Total Assessment
$4,232,624
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