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5601 Bellaire Blvd
Houston, TX 77081
5601-5605 Bellaire Blvd · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located at Bellaire Blvd and Chetwood Drive with 22K+ VPD
- Offered free and clear of debt at a 7.25% cap rate
- Fully leased with six tenants and 100% occupancy
- Surrounded by 585K residents and $133K avg household income
EXECUTIVE SUMMARY
Positioned at a high-visibility hard corner in Houston’s thriving Bellaire corridor, this fully leased retail center offers investors stable income and upside potential through short-term leases. Surrounded by dense residential and commercial activity, the property benefits from strong demographics and traffic counts exceeding 22,000 vehicles per day. With six tenants in place and 100% occupancy, this asset delivers immediate cash flow and long-term growth opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,940 SF
Building Class
C
Year Built/Renovated
1960/2005
Price
$3,090,000
Price Per SF
$282.45
Cap Rate
7.25%
NOI
$224,070
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
None - n/a
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 0370580220015 | Improvements Assessment | $536,064 |
| Land Assessment | $428,000 | Total Assessment | $964,064 |
PROPERTY TAXES
Parcel Number
0370580220015
Land Assessment
$428,000
Improvements Assessment
$536,064
Total Assessment
$964,064
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