13734 Tx-249Houston, TX 77086

Property Details for 13734 Tx-249

Year built

2007

Lot size

0.71 AC

Property size (Sq ft)

12,124 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.9221

Longitude

-95.4955

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