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10780 Westview Dr Houston, TX 77043

Houston Retail Center, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 10,750-square-foot retail center, built in 2007, presents a compelling investment opportunity in Houston, Texas. Located at 10780 Westview Dr, 77043, in Harris County, this multi-tenant property boasts a 6.50% cap rate and is currently 100% occupied. The center sits on a 37,348-square-foot lot and provides ample parking with 64 spaces. Benefiting from its strategic location as a shadow center to a Walmart, with Memorial Hermann Hospital and a professional building across the street, this property is ideally positioned to capitalize on the area's growth. The surrounding area is experiencing significant residential redevelopment, with older homes being replaced by higher-end properties, fueling increased demand. Furthermore, the property's proximity to the expanding Energy Corridor, with ongoing construction of office buildings and multi-family apartments, ensures continued strong tenant demand and rental rate increases. The triple-net (NNN) lease structure minimizes landlord responsibilities, making this a low-maintenance, high-return investment. This property offers a unique blend of stability and growth potential in a thriving Houston market. The property's prime location and strong tenant occupancy make it an attractive investment for discerning buyers seeking a stable, high-yielding asset in a rapidly developing area.

Highlights

  • 10,750 SF retail center in Houston, TX (77043), built in 2007, 100% occupied, 6.50% cap rate.
  • Shadow-anchored by Walmart, across from Memorial Hermann Hospital and professional building.
  • Strong demographics with residential redevelopment and proximity to the expanding Energy Corridor.
  • Houston ranks as a top-tier commercial real estate investment market.
  • Triple-net (NNN) lease structure ensures rental rate increases and low landlord responsibilities.

Property Details for 10780 Westview Dr

Property type
Retail properties
Square Feet
10,750 SF
Year Built
2007

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7913537
Longitude
-95.5655428

FAQs

What type of property is this?
Retail property - Houston Retail Center, 100% Occupied
Where is the retail property located?
The property is located at 10780 Westview Dr Houston, TX.
What are key features of this property?
This property features: 10,750 SF retail center in Houston, TX (77043), built in 2007, 100% occupied, 6.50% cap rate.; Shadow-anchored by Walmart, across from Memorial Hermann Hospital and professional building.; Strong demographics with residential redevelopment and proximity to the expanding Energy Corridor.
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10780 Westview Dr
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