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21693 FM 1314
Porter, TX 77365
Cumberland Shopping Center · Retail Property For Sale
Investment Highlights
- 23,449 VPD on FM 1314, primary thoroughfare connecting Hwy 59 to Grand Parkway
- 44,000+ homes within a 5-mile radius
- Diverse daily-needs tenant mix including Domino's Pizza and Diverse Community Healthcare
- Surrounded by master-planned communities, Valley Ranch, Cumberland Crossing, and Riverwalk
- High-growth North Houston submarket with continued residential expansion
Executive Summary
Alison Commercial Group presents Cumberland Shopping Center, a fully leased, 16,026 SF multi-tenant retail center positioned on FM 1314 in Porter, Texas, a high-growth North Houston submarket surrounded by rapidly expanding master-planned communities.?
The property is 100% leased to six NNN tenants with a diverse daily-needs mix including Domino's Pizza, Diverse Community Healthcare, and Southern Maid Donuts serving a trade area of 44,000+ homes within a 5-mile radius.?
The center benefits from 23,449 vehicles per day on FM 1314, 242 feet of frontage, and strong monument signage visibility.? Surrounded by Valley Ranch, Cumberland Crossing, and Riverwalk master-planned communities, Porter represents one of the most compelling high-growth retail corridors in the North Houston MSA.?
This property is part of a 6-property Houston MSA retail portfolio. Available for individual purchase or as part of a portfolio/bulk acquisition. Contact listing broker for portfolio pricing and details.
The property is 100% leased to six NNN tenants with a diverse daily-needs mix including Domino's Pizza, Diverse Community Healthcare, and Southern Maid Donuts serving a trade area of 44,000+ homes within a 5-mile radius.?
The center benefits from 23,449 vehicles per day on FM 1314, 242 feet of frontage, and strong monument signage visibility.? Surrounded by Valley Ranch, Cumberland Crossing, and Riverwalk master-planned communities, Porter represents one of the most compelling high-growth retail corridors in the North Houston MSA.?
This property is part of a 6-property Houston MSA retail portfolio. Available for individual purchase or as part of a portfolio/bulk acquisition. Contact listing broker for portfolio pricing and details.
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,025 SF
Building Class
B
Year Built
2017
Cap Rate
6.50%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.64 AC
Opportunity Zone
Yes
Zoning
None
Parking
95 Spaces (5.93 Spaces per 1,000 SF Leased)
Frontage
242’ on Farm to Market Road 1314
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 3604-51-00200 | Improvements Assessment | $2,020,586 |
| Land Assessment | $429,414 | Total Assessment | $2,450,000 |
Property Taxes
Parcel Number
3604-51-00200
Land Assessment
$429,414
Improvements Assessment
$2,020,586
Total Assessment
$2,450,000
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