Marcus & Millichap is pleased to offer the opportunity to acquire a 17,388-square-foot, multi-tenant retail center located in Houston, Texas. Spencer Tiendas is currently 100 percent leased, and all leases are triple-net. Tenants are a complementary mix of internet-resistant and service-oriented businesses, including Tierra Caliente, Amtex Insurance, Amigo Hispano, L&L Express Texas, Taco La Bala, MNM Laundry, and Clinica Hispana. The buildings were constructed in 2017 and 2019 and are situated on 2.01 acres with ample paved parking. The property features two double-sided monument signs positioned at the property entrance points, providing additional exposure to the center.
Spencer Tiendas Shopping Center is located on Spencer Highway near the lighted intersection with South Allen-Genoa Road. Cumulative traffic counts exceed 50,793 vehicles per day. The subject property is located near many national and regional retailers, including Fiesta Mart, A-MAX Auto Insurance, Mi Tienda, 7-Eleven, Subway, Food Town, and many others. The subject property is also in close proximity to multiple hotels and warehouse businesses.
- 17,388-Square-Foot, Multi-Tenant Retail Center Comprised of Two Adjacent Buildings
- Fully Stabilized Asset | 100% Leased | Triple-Net Leases
- Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses
- Buildings are Newer (2017 & 2019) Construction with an Attractive Modern Facade Featuring Metal Accents and Awnings
- Near the Signalized Intersection of Spencer Highway and South Allen-Genoa Road | Cumulative Traffic Counts Exceed 50,793 Vehicles per Day
- Property is Easily Accessible from Multiple Ingress and Egress Points | Includes Two Double-Sided Monument Signs Providing Additional Exposure to the Center
- Near Numerous National and Regional Retailers Including Fiesta Mart, A-MAX Auto Insurance, Mi Tienda, 7-Eleven, Subway, Food Town, and Many Others
- Well Positioned to Serve a Community of More Than 315,397 Residents Within a Five-Mile Radius, and a Large Daytime Workforce of 105,144+ Employees Within Five Miles
- Less Than Five Miles West of William P. Hobby Airport | Serves Approximately 14.6 Million Passengers Annually
- 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
