5264 34Th StHouston, TX 77092

For Lease
$24-$25 /SF/YR

Grocery-anchored retail center; high visibility spaces available.

Overview

Added:
Dec 11, 2024
Days on market:
93
Northbrook Shopping Center presents a compelling investment opportunity in a thriving retail environment. This 184,471 square foot shopping center, located at the hard corner of US 290 & 34th Street, features a diverse tenant mix anchored by a brand new El Rancho supermarket. Strong co-tenancy includes established businesses such as Office Depot, Starbucks, and WSS Shoes, ensuring consistent foot traffic and a robust customer base. The center offers multiple spaces available, ranging from 1,213 to 4,000 contiguous square feet, with a total of 16,603 square feet currently vacant. High-visibility spaces are available on the hard corner, offering up to 4,406 square feet of prime retail space. The property benefits from a dense population base, with 139,970 residents within a 3-mile radius. Rental rates are competitive, ranging from $18 to $25 per square foot NNN for inline spaces and $32 per square foot NNN for the 34th Street outparcel building. NNN expenses are $8.50 for inline spaces and $9.86 for the outparcel building. This center is ideally suited for daily needs retailers, restaurants, and medical users. A significant enhancement is planned for 2022 with a gas pad redevelopment, presenting pre-lease opportunities. This is a prime location with excellent visibility and strong demographics, making it an attractive investment for discerning buyers.

Highlights

  • Brand new El Rancho supermarket anchor tenant.
  • Strong co-tenancy including Office Depot, Starbucks, and WSS Shoes.
  • High-visibility spaces available up to 4,406 square feet.
  • 139,970 population within a 3-mile radius.
  • 184,471 square feet of total gross leasable area (GLA).
  • 16,603 square feet of available space.

Unit(s) available at that property

Space
Suite 5386
Size
1,213 SF
Rate per SF
$25
Space
Ste. 5328
Size
3,434 SF
Rate per SF
$25
Space
Suite 5358
Size
1,000 SF
Rate per SF
$25
Space
Suite 5324
Size
2,150 SF
Rate per SF
$24

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.82017763
Longitude
-95.46765126
5264 34Th St, Houston, Texas

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5264 34Th St
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