The Shops at Harlem is a fully stabilized, multi-tenant retail center offering 10,500 square feet of space. The property is 100 percent occupied, featuring a diverse tenant mix of service-oriented businesses, all operating under triple-net leases. Tenants include Pet Check Animal Clinic, Nassar Construction & Development, Prime Med Family Clinic, The Bratz Med Spa, Bogolo Hair & Beauty Supply, Harlem Reflexology & Massage, Best Cricket Store, Phavur Marketing, and Wah Coffee. Built in 2024, the building is situated on a 0.8-acre lot and includes ample parking for customers and tenants.
The Shops at Harlem is strategically located just south of the intersection of Beechnut Road on Harlem Road, a key thoroughfare in the rapidly growing Richmond area. The location benefits from high visibility with an average of 8,927 vehicles per day on Harlem Road. The center is easily accessible via Grand Parkway and Westpark Tollway, connecting it to the greater Houston area, making it a destination for both local and regional customers.
- Fully Stabilized Asset
- The property is 100 percent occupied by a diverse mix of tenants, all operating under triple-net leases, providing a stable and predictable income stream.
- New Construction Featuring a Metal Roof
- The building was completed in 2024, offering modern amenities and reduced maintenance costs.
- Below-Market Rents
- Tenants are paying below-market rates, presenting an opportunity for future rent growth and additional upside potential as the surrounding area continues to develop and thrive.
- Surrounded by Rapid Growth
- Richmond, part of the expanding Houston metropolitan area, is experiencing significant residential and commercial growth. Over 13,670 residents live within a one-mile radius, providing a strong customer base and sustained demand for services.
- Prime Location Near Freeways and Dense Retail
- Located near the signalized intersection of Harlem Road and Beechnut Road, the property has excellent access to the Grand Parkway and Westmark Tollway, providing seamless connectivity to the greater Houston area. The property is less than two miles from a dense retail corridor along Grand Parkway.