Bear Creek Square

Price: $3,623,000
Sq. Ft.: 15,340
Cap Rate: 7.00%
Built: 1978
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Bear Creek Plaza is a 15,340-square-foot, fully stabilized, multi-tenant neighborhood retail center strategically located along the high-traffic Highway 6 North in Houston, Texas. Shadow-anchored by H-E-B, which attracts over 1.7 million visits annually, the property is 100 percent leased with all leases structured as triple-net, providing a secure income stream. The tenant mix consists of internet-resistant, service-oriented businesses, including JC Dental Care, St. Francis of Assisi, Asbury Management, Integrity Tax and Insurance, Off Road Peddler Bicycle Repair, Mao’s Bakery, Legacy Barber Shop, Bear Creek Animal Clinic, and Michelandia Botanera. With current rents below market, there is significant upside potential.

The subject property is strategically located along Highway 6 North, a major thoroughfare in Houston, Texas, with traffic volumes exceeding 45,995 vehicles per day. The property is situated in a high-traffic area, benefiting from its proximity to other key retail destinations, including national tenants like Hobby Lobby, Walmart Neighborhood Market, Walgreens, and Dollar General.

  • 15,340-Square-Foot, Multi-Tenant Neighborhood Retail Center
  • Shadow-Anchored by H-E-B | Major Traffic Driver to the Area with an Estimated 1.7 Million Visits Annually (Source: Placer Labs Inc.)
  • Fully Stabilized Asset | 100% Leased | All Leases are Triple-Net
  • Current Average Rents are Below Market
  • Tenant Base is a Complementary Mix of Internet-Resistant and Service-Oriented Businesses
  • Located Along Highway 6 North | High Traffic Counts in Front of the Property Exceeding 49,560 Vehicles per Day, Cumulatively
  • Strong Daytime Employment Population of Approximately 106,087 People within a Five-Mile Radius