8705 Bellfort AveHouston, TX 77031

For Sale
$11,300,000

Houston Retail Center, 15 Tenants, 6.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional multi-tenant retail investment opportunity, located at 8705 W Bellfort Ave in Houston, Texas, offers 51,400 square feet on a 189,834 square foot lot. The property, built in 1983, boasts a strong tenant lineup anchored by Dollar Tree, featuring a diverse mix of retail, food, service, and medical businesses, making it highly resistant to online competition. Its prime location at the signalized intersection of W Bellfort Ave and S Gessner Rd provides incredible visibility and accessibility, with exposure to over 36,000 vehicles daily and multiple ingress/egress points. The center benefits from a robust trade area with excellent demographics, including a population exceeding 449,300 and over 177,000 housing units within a 5-mile radius. The asking price is $11,300,000, representing a compelling 6.50% capitalization rate. This is a NNN lease with fifteen tenants. The property presents a rare opportunity to acquire a well-established, high-performing retail center in a thriving Houston market.

Highlights

  • Dollar Tree-anchored center with a strong mix of internet-resistant tenants offering retail, food, service, and medical uses.
  • High visibility on W Bellfort Ave and S Gessner Rd, with over 36,000 cars per day and excellent access via five ingress/egress points.
  • Located at the signalized intersection of W Bellfort Ave and S Gessner Rd.
  • Strong demographics within a 5-mile radius: over 449,300 residents, 305,900 daytime population, and 177,000+ housing units.

Property Details for 8705 Bellfort Ave

Property type
Other retail properties, Retail properties
Square Feet
51,400 SF
Year Built
1983

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.6558257
Longitude
-95.5459787
8705 Bellfort Ave, Houston, Texas

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8705 Bellfort Ave
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