8510 Almeda Genoa Rd
Houston, TX 77075
La Placita · Retail Property For Sale

Gil Ramirez Properties is pleased to present the opportunity to acquire La Placita Shopping Center, a 91% occupied, 50,880 square foot neighborhood shopping center in Houston, TX. Located at the intersection of Monroe and Almeda Genoa. Property is poised to experience long-term success. Annual rent growth has averaged more than 2% in each calendar year since 2010, exceeding the metro’s four-quarter trailing historical average. La Placita Shopping Center serves an expanded trade area with more than 295,760 residents in a five-mile radius. Anchored by La Michoacana Meat Market and Barcenas Mexican Restaurant, the Property benefits from an array of convenience shopping, service and restaurant tenants. The acquisition of La Placita Shopping Center provides an investor with an extraordinary opportunity to own a stabilized neighborhood shopping center with superior visibility and access to an expanded trade area near the William P. Hobby International Airport, one of the most highly coveted markets in southeast Houston.