Marcus & Millichap is pleased to present the opportunity to acquire a 14,741-square-foot, multi-tenant neighborhood retail center located in Houston, Texas. Pinnacle Plaza at Airtex is 100 percent leased, and all leases are triple-net. Tenants are a complementary mix of internet-resistant and service-oriented businesses, including Einstein Learning Center, The Coverage People, Lux Liquor, El Salvador Bakery, a Barbershop, and Marco’s Pizza. The building is new 2022 construction featuring an attractive architectural design and is situated on 1.47 acres with ample paved parking. A large double-sided monument sign provides additional exposure to the center.
Pinnacle Plaza at Airtex is located on West Airtex Boulevard, near the intersection with Ella Boulevard. Traffic counts exceed 20,338 vehicles per day in front of the property. The subject property is near many national and regional retailers including Pizza Hut, Boost Mobile, Shell gas station, Raising Cane’s, Dollar General, FedEx, Whataburger, Cracker Barrell, Saltgrass Steak House, and many others. The surrounding area has desirable demographics, serving a dense residential area with 124,102 residents within three miles and 302,716 residents within five miles of the property.
- 14,741-Square-Foot, Multi-Tenant, Neighborhood Retail Center
- New 2022 Construction Featuring Attractive Architectural Design
- 100% Leased | All Leases are Triple-Net and Include Personal Guarantees | Leases are New 5-Year and 10-Year Terms
- Current Average Rents are Below Market
- Tenants are Complementary Mix of Internet-Resistant, Service-Oriented Businesses
- Property Features Large Double-Sided Monument Sign Providing Additional Exposure to the Center
- Located on West Airtex Boulevard Near the Intersection Signalized Intersection with Ella Boulevard | Traffic Counts Exceed 20,338 Vehicles per Day on Airtex Boulevard
- Well Positioned to Serve a Community of More than 302,716 Residents Within a Five-Mile Radius and a Large Daytime Workforce of 107,618+ Within Five Miles
- Less Than 10 Miles West of George Bush Intercontinental Airport | Airport Serves Approximately 46 Million Passengers Annually Across 28 Passenger Airlines | Ranked as the Best U.S. Airport and Second-Best in North America at World Airport Awards in 2020
- Houston is the Most Populous City in Texas and the Fifth Most Populous City in the United States | One of the Largest International Trading Hubs in the Americas