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Investment Highlights

  • Excellent Traffic Count
  • Surrounded by well-established Asian Supermarket, popular restaurants, retail shops

Executive Summary

Exceptional shopping center investment opportunity. This well-positioned center offers approximately 27,000 square feet of building space. Situated on 2.241 acres, the property is ideally located at the corner of Kirkwood Road and Bellaire Boulevard in the heart of Houston’s thriving Asian commercial district. Surrounded by popular Asian supermarkets, restaurants, retail shops, and established businesses, strong traffic counts, and a loyal customer base. The center includes a 3,000 square foot Bank of America branch. The remaining approx- 24,000 square feet is currently owner-occupied (Direct Furniture), making it an outstanding opportunity for an owner-user or investor. The owner-occupied space features three truck loading docks, high ceilings, a functional open layout, and ample parking, making it ideal for a warehouse, distribution center, showroom, wholesale operation, light industrial use, or other commercial businesses.
This is a rare opportunity to acquire a landmark commercial property in one of Houston’s most established and sought-after retail corridors, offering excellent potential for both business operations and long-term investment appreciation.

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $660,000 $24.13
Other Income - -
Vacancy Loss - -
Effective Gross Income $660,000 $24.13
Taxes $68,000 $2.49
Operating Expenses $31,000 $1.13
Total Expenses $99,000 $3.62
Net Operating Income $561,000 $20.51

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $660,000
Annual Per SF $24.13
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $660,000
Annual Per SF $24.13
Taxes
Annual $68,000
Annual Per SF $2.49
Operating Expenses
Annual $31,000
Annual Per SF $1.13
Total Expenses
Annual $99,000
Annual Per SF $3.62
Net Operating Income
Annual $561,000
Annual Per SF $20.51

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
27,354 SF
Building Class
C
Year Built
1985
Price
$6,250,000
Price Per SF
$228.49
Cap Rate
9%
NOI
$562,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
2.24 AC
Zoning
City of Houston - No traditional zoning, subject to city regulations and deed restrictions
Frontage
221’ on Bellaire Blvd

Amenities

  • 24 Hour Access
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Bank Of America
  • Finance and Insurance
  • 3,000 SF
  • $2.30
  • Modified Gross
  • Sep 2028
  • Direct Furniture
  • Arts, Entertainment, and Recreation
  • 24,000 SF
  • $2.00
  • Modified Gross
  • Mar 2027
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Bank Of America Finance and Insurance 3,000 SF $2.30 Modified Gross Sep 2028
Direct Furniture Arts, Entertainment, and Recreation 24,000 SF $2.00 Modified Gross Mar 2027
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

Bank of America
Lee's Sandwiches
Prosperity Bank
Chase Bank
La Michoacana Meat Market

Property Taxes

Property Taxes

Parcel Number
0111370000206
Land Assessment
$976,180 (2025)
Improvements Assessment
$2,077,161 (2025)
Total Assessment
$3,053,341 (2025)
Annual Taxes
$68,000 ($2.49/SF)
Tax Year
2026
  • Listing ID: 41750700

  • Date on Market: 8/14/2026

  • Last Updated:

  • Address: 11814 Bellaire Blvd, Houston, TX 77072

Contact the Sale Advisor

Bellaire & Kirkwood Building | 11814 Bellaire Blvd

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