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9839 Highway 6
Missouri City, TX 77459
The Shops at Vicksburg · Retail Property For Sale
Investment Highlights
- Well-maintained 9,000 SF neighborhood retail center situated on 1.10 acres in the rapidly growing Missouri City submarket.
- Attractive 6.35% in-place cap rate with strong in-place NOI.
- 100% occupied asset providing immediate and stable cash flow.
Executive Summary
Diversified Tenant Mix with Strong Anchor
• Anchored by Navy Federal Credit Union, occupying 40% of the property under a long term lease through 2033.
• Complementary tenant mix includes Verizon Wireless, Great Clips, QT Nails & Spa, and Massage Center, creating consistent daily customer traffic.
• NNN lease structure provides stable income with tenant reimbursement of operating expenses.
Prime Highway 6 Retail Corridor
• High-visibility location along Highway 6 with approximately 28,471 VPD.
• Shadow-anchored by Walmart and surrounded by national retailers including Kroger, O’Reilly Auto Parts, Wendy’s, Taco Bell, McDonald’s, Bank of America, and Cinemark.
• Located approximately 2.1 miles from Amazon’s fulfillment center, providing a significant nearby employment base that supports daily retail traffic.
• Excellent accessibility and strong retail synergy within one of Fort Bend County’s primary commercial corridors.
Affluent & Rapidly Growing Trade Area
• Located within one of Houston’s fastest-growing suburban markets, benefiting from continued residential and commercial development.
• Affluent demographics with a 5-mile average household income exceeding $142,000 and a median household income of approximately $122,000.
• The 5-mile trade area includes more than 181,000 residents, projected to grow to nearly 197,000 by 2030, supporting long-term retail demand.
• Anchored by Navy Federal Credit Union, occupying 40% of the property under a long term lease through 2033.
• Complementary tenant mix includes Verizon Wireless, Great Clips, QT Nails & Spa, and Massage Center, creating consistent daily customer traffic.
• NNN lease structure provides stable income with tenant reimbursement of operating expenses.
Prime Highway 6 Retail Corridor
• High-visibility location along Highway 6 with approximately 28,471 VPD.
• Shadow-anchored by Walmart and surrounded by national retailers including Kroger, O’Reilly Auto Parts, Wendy’s, Taco Bell, McDonald’s, Bank of America, and Cinemark.
• Located approximately 2.1 miles from Amazon’s fulfillment center, providing a significant nearby employment base that supports daily retail traffic.
• Excellent accessibility and strong retail synergy within one of Fort Bend County’s primary commercial corridors.
Affluent & Rapidly Growing Trade Area
• Located within one of Houston’s fastest-growing suburban markets, benefiting from continued residential and commercial development.
• Affluent demographics with a 5-mile average household income exceeding $142,000 and a median household income of approximately $122,000.
• The 5-mile trade area includes more than 181,000 residents, projected to grow to nearly 197,000 by 2030, supporting long-term retail demand.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,000 SF
Building Class
B
Year Built/Renovated
2013/2015
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.10 AC
Zoning
N/A
Parking
42 Spaces (4.66 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 5101-00-001-0080-907 | Improvements Assessment | $1,225,226 |
| Land Assessment | $573,694 | Total Assessment | $1,798,920 |
Property Taxes
Parcel Number
5101-00-001-0080-907
Land Assessment
$573,694
Improvements Assessment
$1,225,226
Total Assessment
$1,798,920
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