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Multi-Tenant Investment Opportunity 2 Retail Properties Offered at $13,114,000 in Houston, TX
Investment Highlights
- Located near The Texas Medical Center and NRG Stadium, providing access to major healthcare, sports, and entertainment destinations.
- 100% leased with a diversified, internet-resistant tenant mix focused on food and healthcare services.
- Located within a designated Opportunity Zone in the Houston MSA, offering potential investment advantages.
- Excellent visibility and accessibility with frontage on Main St and Old Spanish Trail, benefiting from exposure to over 47,700 vehicles daily.
- Strategically positioned near signalized intersections at Main St & Kirby Dr and Old Spanish Trail & Kirby Dr.
Executive Summary
Main Street Retail is a multi-tenant investment opportunity located at the SEC of S Main St and Kirby Dr in Houston, Texas. The center is currently 100% occupied and features a diversified tenant mix providing various food and health offerings to the immediate and surrounding area.
Strategically located in the heart of Houston near the signalized intersections of Main St, Kirby Dr, and Old Spanish Trail, with convenient access to Loop 610 and Hwy 288. The property is minutes from NRG Park and the Texas Medical Center, one of the world's largest healthcare hubs, and is supported by a dense, affluent trade area with over 487,000 residents, 518,000 daytime employees, and average household incomes exceeding $173,000 within a 3-mile radius.
Strategically located in the heart of Houston near the signalized intersections of Main St, Kirby Dr, and Old Spanish Trail, with convenient access to Loop 610 and Hwy 288. The property is minutes from NRG Park and the Texas Medical Center, one of the world's largest healthcare hubs, and is supported by a dense, affluent trade area with over 487,000 residents, 518,000 daytime employees, and average household incomes exceeding $173,000 within a 3-mile radius.
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- Offering Memorandum
Property Facts
| Price | $13,114,000 | Number of Properties | 2 |
| Price / SF | $1,034 / SF | Individually For Sale | 0 |
| Cap Rate | 6.50% | Total Building Size | 12,686 SF |
| Sale Type | Investment | Total Land Area | 1.66 AC |
| Status | Active |
| Price | $13,114,000 |
| Price / SF | $1,034 / SF |
| Cap Rate | 6.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,686 SF |
| Total Land Area | 1.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 8017 S Main St, Houston, TX 77025 | Retail | 8,000 SF | 1992 | - |
| 8025 S Main St, Houston, TX 77025 | Retail | 4,686 SF | 2019 | - |
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Multi-Tenant Investment Opportunity