This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

8390 Westheimer Rd
Houston, TX 77063
Guitar Center: Houston, TX · Retail Property For Sale

Investment Highlights

  • 18.0 MSF of retail, 32.7 MSF of office, 11.4 MSF of industrial and 66,068 multifamily units within a 3-mile radius.

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
24,951 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
2.07 AC
Zoning
F1
Frontage
192’ on Westheimer Rd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

About 8390 WESTHEIMER RD , HOUSTON, TX 77063

Premier Tenant: Founded in 1964, Guitar Center Stores, Inc. is headquartered in Westlake Village, California and is the world’s largest musical instrument retailer. The company operates nearly 300 locations and offers the world’s largest selection of popular guitars, basses, amplifiers, keyboard workstations, drums, percussion, microphones, PA systems, DJ equipment, stage lighting, recording software, studio gear and more. As the premier operator in the retail music equipment sector, Guitar Center posted $2.2B in revenue for fiscal 2017 and earned the 207th spot on Forbes’ list of “America’s Largest Private Companies.” Recently-Extended Net Lease: Guitar Center’s recently-extended net lease features ±10.2 years of primary term remaining with a 10% increase in 2025 and in each of the three 5-year renewal options. Excellent Access & Visibility: The property is positioned with excellent access and visibility at the signalized intersection of Dunvale Road and Westheimer Road (67,599 VPD), where it is 3 miles east of its intersection with Sam Houston Tollway (192,570 VPD) and 3.5 miles west of the on-ramp to Interstate 610 (287,541 VPD). Strategic Location: Guitar Center shares a wall with PetSmart and is strategically located within the ±196,343-square-foot Dunvale Shopping Center, which is anchored by Home Depot and further occupied by Chase Bank, AT&T, GameStop Prestige, Sonic Drive-In, Papa John’s, Panda Express, SportsClips, Cici’s Pizza and Golden Krust, among others. The site is less than 4 miles from The Galleria—the 1.9 MSF upscale shopping mall which is the largest mall in Texas and the seventh-largest in the United States. The Galleria is anchored by Neiman Marcus, Nordstrom, Saks Fifth Avenue and Macy’s, and is further tenanted by Apple, Armani Exchange, Burberry, Celine, Chanel, Christian Louboutin, David Yurman, Fendi, Gucci, Jimmy Choo, Louis Vuitton, Nobu, Saint Laurent, Tiffany & Co. and Valentino, to name a few. Preeminent Retail & Commercial: The site benefits from its position along one of Houston’s preeminent retail and commercial corridors with 18.0 MSF of retail, 32.7 MSF of office, 11.4 MSF of industrial and 66,068 multifamily units within a 3-mile radius. Major traffic drivers within the immediate vicinity include Walmart Supercenter, Target, AT&T Corporate Office, REI, Stein Mart, AMC Theatres, Academy Sports + Outdoors, Michaels, DSW, Petco, Goodwill, Ross Dress for Less, Office Depot, 99 Cents Only Stores, AutoZone, CubeSmart Self Storage, The Vitamin Shoppe, Fogo de Chão, Chipotle, Chick-fil-A, Krispy Kreme, Boston Market, McDonald’s and Raising Cane’s. Substantial Built-In Customer Base: Guitar Center is provided with a substantial built-in customer base as it is surrounded by a critical mass of multifamily developments, such as Old Farm Apartments and Village at Piney Point, with nearly 12,000 units situated within walking distance from the site.

Property Taxes

Property Taxes

Parcel Number
1179270010005
Land Assessment
$3,153,500
Improvements Assessment
$1,257,600
Total Assessment
$4,411,100
  • Listing ID: 17878606

  • Date on Market: 12/5/2019

  • Last Updated:

  • Address: 8390 Westheimer Rd, Houston, TX 77063

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}