7960 Long Point RdHouston, TX 77055

This exceptional investment opportunity presents Long Point Plaza, a 39,910-square-foot shopping center located at 7960 Long Point Rd, Houston, TX 77055. Built in 2002 and renovated in 2015, this single-story building boasts a prime location in the heart of Spring Branch, experiencing high traffic volume with 17,725 cars daily on Long Point Road and 20,635 on Wirt Road. The property is 100% occupied by a strong national tenant mix: Dollar Tree and Goodwill Industries. Both tenants have a significant presence in the Greater Houston area, with Dollar Tree operating over 150 stores and Goodwill over 90, demonstrating market stability and a loyal customer base. The center benefits from excellent demographics, with a population of 142,403 within 3 miles and 394,994 within 5 miles, and average household incomes exceeding $102,927 within 3 miles and $117,965 within 5 miles. The asking price is $8,800,000, representing a 6.58% cap rate. This property offers a compelling investment opportunity in a thriving area experiencing significant residential growth. The lease type is NNN (Net, Net, Net), and the property is offered as a multi-tenant retail investment.