12910-12918 Malcomson Rd 9,830 SF Retail Building Houston, TX 77070 $2,900,000 ($295.02/SF) 7% Cap Rate

Discover a lucrative retail investment at Malcomson Center, strategically located adjacent to the bustling Lakewood Square Shoppes at the intersection of Malcomson Rd and Grant Rd. Boasting substantial daily traffic counts of approximately 5,000 and 14,000 vehicles respectively, this property enjoys exceptional visibility and accessibility, especially during peak hours.
The property features 168 feet of coveted frontage on Malcolmson Rd, complemented by two convenient curb cuts, ensuring ease of ingress and egress for customers. With a parking ratio of 8.65 spaces per 1,000 square feet, accommodating high volumes of visitors is effortlessly managed.
Situated within a thriving community, Malcomson Center benefits from a densely populated area of over 33,000 households within a 3-mile radius, where residents boast a average household income of approximately $140,000. This demographic profile underscores the area's robust purchasing power and consumer demand, making it an ideal location for retail success.
Currently housing esteemed tenants such as R&R CraftHouse Grill and Angel's Rocks & Fossils, the center attracts a diverse clientele seeking unique dining experiences and specialty retail offerings.
There is currently a 3,000 SF vacant space on this property. In case this hasn’t been leased by the time of sale, the owner is happy to offer a 2-year master lease guarantee.
For investors and businesses looking to capitalize on a prime retail location with exceptional traffic exposure and a strong consumer base, Malcomson Center presents an unparalleled opportunity. Contact TC Global Commercial Real Estate today to explore this premier retail property and secure your place in this dynamic market.