9885 Blackhawk BlvdHouston, TX 77075

For Sale
Call for price

Prime Houston retail center, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 34,128-square-foot retail property in Houston, Texas, presents a compelling investment opportunity. Located at 9885 Blackhawk Blvd, in Harris County, zip code 77075, this 2004-built center sits on a 5.28-acre lot and enjoys a highly visible location along Beltway 8 and Blackhawk Boulevard. Currently 97% occupied, the center comprises two retail strips and two pad sites, anchored by a major grocery store and featuring national tenants like Walgreens and Bank of America. The property benefits from significant foot traffic, driven by the high volume of customers visiting the shadow-anchored grocery store, estimated at over 2.9 million annual visitors. A substantial mark-to-market opportunity exists, with an average of 16% potential increase due to a high percentage of expiring leases without renewal options. Further value-add potential is available through lease-up of vacant spaces and the sale of the two pad sites. This thriving Southeast Houston location offers excellent accessibility and visibility, making it an ideal investment for discerning buyers seeking strong returns and significant upside potential.

Highlights

  • 34,128 SF shopping center with two pad sites and two strip centers.
  • Shadow-anchored by a high-traffic HEB grocery store (2.9M+ annual visitors).
  • Significant upside potential: 16%+ mark-to-market opportunity plus potential for lease-up and pad site sales.
  • Excellent location in Southeast Houston with easy Beltway 8 access.

Property Details for 9885 Blackhawk Blvd

Property type
Other retail properties, Individual retail properties
Square Feet
34,128 SF
Year Built
2004
Lot Size (sq. ft)
229,997 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.6018185
Longitude
-95.247308
9885 Blackhawk Blvd, Houston, Texas

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9885 Blackhawk Blvd
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