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7011 Harrisburg Plaza 7011 Harrisburg Blvd 14,359 SF 77% Leased Retail Building Houston, TX 77011 $2,500,000 ($174.11/SF) 10.04% Cap Rate
Investment Highlights
- Located on the highly dense Eado District of Houston
- Centrally located between two major employment hubs
- Located in Opportunity Zone
- Excellent access to major thoroughfares including Hwy 90 Alt,
Executive Summary
ROM Commercial Properties is pleased to present a 77% occupied property with full roster of E-Commerce resistant tenants. This property presently consists of six tenant building on a 14,359 square foot building located on the east end near downtown Houston. Priced at $174 PSF to the building which constitutes 50% of replacement value. Current tenant rents are below market and excellent opportunity for a 10-15% cap rate acquisition. The property has easy access to Downtown, Toyota Center, Daikin Park, among other Houston attractions. Amply parking and lighting and well maintained with no deferred maintenance. The property is also located within TIRZ 23 (Tax Reinvestment Zone) with high AVD Traffic counts.
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Blue Sky Travel
- Accommodation and Food Services
- -
- -
- Triple Net
- -
- China 101 Express
- Accommodation and Food Services
- -
- -
- -
- -
-
- Services
- -
- -
- -
- -
T-Mobile began in 1994 as VoiceStream Wireless and later adopted the T-Mobile name after Deutsche Telekom acquired the business. The company provides wireless communications and broadband services, and its business also includes mobile devices, accessories, and expanding fiber-related offerings. T-Mobile maintains a focus on 5G, network capabilities, the mobile web, and the Internet of Things, while the company has achieved continued customer growth across wireless and broadband. T-Mobile also markets services under Metro by T-Mobile, which broadens its presence across consumer wireless segments.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Blue Sky Travel | Accommodation and Food Services | - | - | Triple Net | - | |
| China 101 Express | Accommodation and Food Services | - | - | - | - | |
|
|
Services | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Suites A & B can be leased together should you need a larger space. Space delivered is a shell/white-box space.
Please contact broker for more details.
| Space | Size | Space Use | Position | Available |
| 400 A | 1,380 SF | Retail | In-Line | Now |
| 500 | 1,920 SF | Retail | In-Line | Now |
400 A
| Size |
| 1,380 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
500
| Size |
| 1,920 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
400 A
| Size | 1,380 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Suites A & B can be leased together should you need a larger space. Space delivered is a shell/white-box space.
500
| Size | 1,920 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Please contact broker for more details.
Nearby Major Retailers
Property Taxes
| Parcel Number | 1319100010001 | Improvements Assessment | $1,654,687 |
| Land Assessment | $1,243,290 | Total Assessment | $2,897,977 |
Property Taxes
Contact the Sale Advisor
7011 Harrisburg Plaza | 7011 Harrisburg Blvd