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Vacant Retail 17117 State Highway 249 5,556 SF Retail Building Houston, TX 77064 $1,950,000 ($350.97/SF)
Investment Highlights
- Redevelopment Potential – Former restaurant with 91 parking spots to accommodate a large customer base.
- Neighboring Synergy – Parceled adjacent to hotel and within walking distance (0.25 mi) of four other hotels with 307 total rooms.
- Highway Frontage – 94’ of frontage on State Highway 249 which sees ±138,700 VPD.
- Strategic Positioning – Directly across the highway from Willowbrook Mall which has over 140 stores and sees 19,000,000 visitors every year.
- Attractive Demographics – Over 325,000 people in a 5-Mile Radius with an average household income of $99,800.
- Advantageous Ingress – Two large curb cuts to enter and exit and a large pylon sign for advertisement.
Executive Summary
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,556 SF
Building Class
B
Year Built
2006
Price
$1,950,000
Price Per SF
$350.97
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.23 AC
Zoning
None
Parking
91 Spaces (16.38 Spaces per 1,000 SF Leased)
Frontage
94’ on Tomball Pky
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Broker of Record Patrick Graham License No. 9005919 (TX) (866) 889-0550 Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,556 SF | Retail | - | Now |
1st Floor
| Size |
| 5,556 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,556 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record Patrick Graham License No. 9005919 (TX) (866) 889-0550 Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1197230010006 | Improvements Assessment | $805,620 |
| Land Assessment | $537,050 | Total Assessment | $1,342,670 |
Property Taxes
Parcel Number
1197230010006
Land Assessment
$537,050
Improvements Assessment
$805,620
Total Assessment
$1,342,670
Contacts
-
Daniel Nunez -
Joshua Longoria -
Simon Assaf -
Matthews Real Estate Investment Services
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Vacant Retail | 17117 State Highway 249
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