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Deerbrook Corner 20026-20050 N Highway 59 N 91,078 SF 96% Leased Retail Building Humble, TX 77338 $16,517,000 ($181.35/SF) 7.53% Cap Rate
Investment Highlights
- The property is next to Deerbrook Mall, a retail center anchored by Macy’s, Dillard’s, JCPenney, and AMC Theatres, driving strong consumer traffic.
- The property includes two long-term national pad tenants, Chili’s (27 years) and Popeyes (38 years), demonstrating strong site fundamentals.
- The property sits next to a newly opened Portillo’s, supporting continued retail growth in the area.
- The center is anchored by Ashley Furniture, a 40+ year tenant ranking in the 94th percentile nationally, providing a stable traffic driver.
- The site is located at a signalized intersection of FM 1960 and the US-59 feeder road, offering strong visibility and access.
- The site features high-exposure frontage on Interstate 69 (US-59) with over 118,495 vehicles per day.
Executive Summary
Patrick Graham
License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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Jan 0000
Ashley Furniture Industries began in 1945 when Carlyle Weinberger started a sales operation in Chicago. The company merged with Wisconsin-based Arcadia Furniture in 1970, expanding manufacturing capabilities. Today, the company operates through independent furniture dealers and over 700 Ashley HomeStore retail locations worldwide. The company's product portfolio includes upholstered furniture, casegoods, and home accessories. The company maintains a significant presence in the global furniture market through both retail stores and wholesale partnerships.
- Express Specialists
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$9.99
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Lorem Ipsum
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Jan 0000
- M.B. Phone Repair & Beyond
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$9.99
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Lorem Ipsum
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Jan 0000
- PRV Enterprises, LLC
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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|
Retailer | - | - | - | Jan 0000 | |
| Express Specialists | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| M.B. Phone Repair & Beyond | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| PRV Enterprises, LLC | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Former golf store. Great space for any retail shop looking for high visibility and traffic count.
| Space | Size | Space Use | Position | Available |
| 20040 | 1,800-3,600 SF | Office/Retail | In-Line | Now |
20040
| Size |
| 1,800-3,600 SF |
| Space Use |
| Office/Retail |
| Position |
| In-Line |
| Available |
| Now |
20040
| Size | 1,800-3,600 SF |
| Space Use | Office/Retail |
| Position | In-Line |
| Available | Now |
Former golf store. Great space for any retail shop looking for high visibility and traffic count.
Nearby Major Retailers
Property Taxes
| Parcel Number | 0410510020245 | Improvements Assessment | $9,278,679 |
| Land Assessment | $3,086,070 | Total Assessment | $12,364,749 |
Property Taxes
Presented by
Deerbrook Corner | 20026-20050 N Highway 59 N
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