2913 W Orem Dr | Houston, TX 77045
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- LoopNet Team
2913 W Orem Dr
Houston, TX 77045
Family Dollar · Retail Property For Sale
Investment Highlights
- Ideal 1031 Exchange Property with newer 2016 construction and a 15-year Absolute NNN Lease, offering zero management responsibility.
- Positioned in a high-visibility location with upgraded concrete parking and strong traffic counts: +17,000 VPD on Orem Drive and +30,000 VPD on Alamed
- Surrounded by new residential developments, including Bayou Oaks (K. Hovnanian Homes), City Gate (DR Horton), Beazer Homes, & 7 multi-family projects
- Top-performing Family Dollar: Best among 6 nearby locations and ranked in the top 88% nationally.
- Thriving demographics with 63,686+ residents within 3 miles and 267,472+ within 5 miles, in a city with 12% projected population growth
- Proximity to the Texas Medical Center (TMC)—the world’s largest medical complex with 50+ institutions, 21 hospitals, and 4 medical schools.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,353 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.09 AC
Zoning
None - N/A
Parking
35 Spaces (4.19 Spaces per 1,000 SF Leased)
Frontage
40’ on W Orem
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 1362520010002 | Improvements Assessment | $876,860 |
| Land Assessment | $236,420 | Total Assessment | $1,113,280 |
Property Taxes
Parcel Number
1362520010002
Land Assessment
$236,420
Improvements Assessment
$876,860
Total Assessment
$1,113,280
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