13734 Tx-249Houston, TX 77086

For Sale
$1,695,000

6-Tenant Retail Center, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
93
This 12,124 square foot shopping center in Houston, Texas, presents a compelling investment opportunity. Located at 13734 TX-249, Harris County, 77086, this multi-tenant property boasts six tenants with 79% occupancy. Built in 2007 on a 0.71-acre lot, it offers 36 parking spaces. The property benefits from a prime location on State Highway 249, experiencing an average daily traffic count of approximately 47,553 vehicles. Its strong visibility is enhanced by a large, double-sided pylon sign. The surrounding area demonstrates attractive demographics, with over 335,000 people and 112,984 households within a 5-mile radius, enjoying an average household income of $81,400. Synergistic neighboring businesses include Aldi, Walgreens, Burger King, Jack in the Box, Taco Bell, Bank of America, and six hotels all within a one-mile radius. Priced at $1,695,000 ($140/sq ft), this property offers a value-add opportunity through lease adjustments to market rates and long-term lease agreements. The property's location and strong tenant mix provide a solid foundation for future growth and income generation.

Highlights

  • Strong demographics: 335,000+ population and 112,984 households within a 5-mile radius, with an average household income of $81,400.
  • High traffic count: Situated on State Highway 249, with an average daily traffic count of approximately 47,553 vehicles.
  • Excellent synergy: Located near Aldi, Walgreens, Burger King, Jack in the Box, Taco Bell, Bank of America, and six hotels.
  • High visibility: Features a large, double-sided pylon sign.
  • Value-add opportunity: Potential to increase income through lease adjustments to market rates and securing long-term leases.
  • Attractive pricing: Priced at $1,695,000 ($140/sq ft).

Property Details for 13734 Tx-249

Property type
Lifestyle centers, Power centers
Square Feet
12,124 SF
Year Built
2007
Lot Size (sq. ft)
30,928 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.9220759
Longitude
-95.4955196
13734 Tx-249, Houston, Texas

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13734 Tx-249
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