9739 Sam Houston PkwyHumble, TX 77396

For Sale
$7,475,000

Humble, TX: 7-Tenant Retail Center, 7.25% CAP

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents the Canyon Lakes Shopping Center, a 18,000-square-foot, single-story retail center in Humble, Texas (Houston MSA). Built in 2017, this 100% occupied property boasts seven diverse tenants, offering a resilient, internet-resistant mix of food, service, veterinary, and unique retail offerings. The property features a Net Lease (NNN) structure, providing a stable, passive income stream with a 7.25% capitalization rate and an asking price of $7,475,000 ($415.28/sq ft). Strategically located at the northeast quadrant of Beltway 8 and Wilson Road, the center benefits from exceptional visibility and high traffic counts (Beltway 8: 130,200+ cars daily

Highlights

  • NNN investment opportunity in Humble, TX (Houston MSA), at Beltway 8 & Wilson Rd intersection.
  • Seven-tenant retail center with diverse, internet-resistant businesses including food, service, and veterinary services.
  • Strong location within a rapidly growing submarket, proximate to new residential developments and Generation Park, a 4,000-acre master-planned business park.
  • Excellent visibility and access at a high-traffic intersection (Beltway 8: 130,200+ CPD; Wilson Rd: 10,900+ CPD), shadow-anchored by ShowBiz Cinemas and near major retailers (Walmart, Chick-fil-A, etc.).
  • Convenient access to Beltway 8, Wilson Road, and Canyon Lakes Trace Dr, and across from the 2,500+ home Fall Creek master-planned community.

Property Details for 9739 Sam Houston Pkwy

Property type
Lifestyle centers, Power centers
Square Feet
18,000 SF
Year Built
2017
Buildings
1
Stories
1
Units
7

Location Insight

City
Humble
County
Harris
State
Texas
Latitude
29.934983322625
Longitude
-95.242047554769
9739 Sam Houston Pkwy, Humble, Texas

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9739 Sam Houston Pkwy
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