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112 Highway 146 S
La Porte, TX 77571
La Porte Plaza · Retail Property For Sale
Executive Summary
Strategic Infill Location
• Located along TX-146 in La Porte, a high-traffic retail corridor linking to SH 99
(Grand Parkway)
• Positioned within the greater Houston MSA, one of the fastest-growing metros in the U.S.
• Adjacent to major industrial hubs, Port of Houston, and employment centers
• Dense surrounding residential population supporting daily retail demand
NNN Lease Structure (Passive Investment)
• Triple-net (NNN) leases across all tenants
• Tenants reimburse for CAM, insurance, and property taxes
• Limited landlord responsibilities
• Predictable and stable cash flow
Houston MSA Market Strength
• Located within a 7.6M+ population metro
• Strong job growth driven by logistics, energy, and healthcare
• Continued population growth fueling retail demand
• Business-friendly environment with no state income tax
Below-Market Rents & Upside Potential
• Average in-place rents below comparable market rates
• Built-in rental growth through renewals and leasing of vacancy
• Opportunity to enhance long-term yield
Anchor Tenant Stability
• Dollar Tree serves as the primary anchor tenant and recently extended its lease
• 16,000+ locations nationwide with strong brand recognition
• Discount retail model performs well across economic cycles
• Drives consistent daily traffic to the center
• Located along TX-146 in La Porte, a high-traffic retail corridor linking to SH 99
(Grand Parkway)
• Positioned within the greater Houston MSA, one of the fastest-growing metros in the U.S.
• Adjacent to major industrial hubs, Port of Houston, and employment centers
• Dense surrounding residential population supporting daily retail demand
NNN Lease Structure (Passive Investment)
• Triple-net (NNN) leases across all tenants
• Tenants reimburse for CAM, insurance, and property taxes
• Limited landlord responsibilities
• Predictable and stable cash flow
Houston MSA Market Strength
• Located within a 7.6M+ population metro
• Strong job growth driven by logistics, energy, and healthcare
• Continued population growth fueling retail demand
• Business-friendly environment with no state income tax
Below-Market Rents & Upside Potential
• Average in-place rents below comparable market rates
• Built-in rental growth through renewals and leasing of vacancy
• Opportunity to enhance long-term yield
Anchor Tenant Stability
• Dollar Tree serves as the primary anchor tenant and recently extended its lease
• 16,000+ locations nationwide with strong brand recognition
• Discount retail model performs well across economic cycles
• Drives consistent daily traffic to the center
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
20,477 SF
Building Class
B
Year Built
2014
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
2.30 AC
Parking
114 Spaces (5.57 Spaces per 1,000 SF Leased)
Frontage
379’ on Hwy 146
Amenities
- Tenant Controlled HVAC
Property Taxes
| Parcel Number | 0231820470033 | Improvements Assessment | $2,807,319 |
| Land Assessment | $1,203,408 | Total Assessment | $4,010,727 |
Property Taxes
Parcel Number
0231820470033
Land Assessment
$1,203,408
Improvements Assessment
$2,807,319
Total Assessment
$4,010,727
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