17Completed in 2021, the property consists of a modern 7,500-square-foot retail building situated on approximately 0.71 acres. Delivered in shell condition, the asset eliminates the cost and limitations associated with renovating older retail product while providing the flexibility to customize buildouts for virtually any tenant requirement.
The efficient building design allows ownership to pursue multiple leasing strategies, including a single-tenant user, a multi-tenant neighborhood center, or phased lease-up as market opportunities arise. The proposed floor plan accommodates up to four suites, while the end-cap offers optional drive-thru capability—an increasingly valuable feature for restaurants, coffee concepts, medical providers, pharmacies, financial institutions, and other convenience-driven retailers. With modern construction, attractive architecture, and competitive replacement cost relative to developing a new project, the property provides a unique opportunity to create value through lease-up and stabilization.
NEWER CONSTRUCTION WITH MODERN DESIGN
Completed in 2021, the building offers contemporary architecture, efficient construction, and significantly lower capital expenditure requirements than older retail assets, providing a clean platform for long-term ownership.
MULTIPLE LEASING CONFIGURATIONS
Designed to accommodate a single user, multiple tenants, or phased lease-up, the flexible floor plan can be demised into various suite sizes to meet evolving tenant demand and maximize leasing velocity.
DRIVE-THRU OPTIONALITY
The end-cap is designed to accommodate a drive-thru lane, expanding the universe of prospective tenants to include quick-service restaurants, coffee concepts, medical users, pharmacies, and other convenience-oriented retailers.
EXCEPTIONAL FREEWAY VISIBILITY
Located directly along Interstate 45 with approximately 263,531 vehicles per day, the property benefits from outstanding visibility, easy accessibility, and prominent frontage within one of North Houston’s busiest commercial corridors.
DIVERSE EMPLOYMENT & CONSUMER BASE
The surrounding trade area is supported by more than 301,000 residents within five miles and major employers spanning healthcare, aviation, energy, technology, logistics, and education, creating durable demand for neighborhood retail and service uses.
MULTIPLE EXIT STRATEGIES
The property appeals to investors seeking lease-up value creation, owner-users desiring a premier location, or developers looking for a modern retail building with minimal additional site work required.
BELOW REPLACEMENT COST BASIS
Acquire a newly constructed retail building below today’s replacement cost with the opportunity to create additional value through lease-up and stabilization.
