4904 Highway 6Houston, TX 77084

Property Details for 4904 Highway 6

Year built

1978

Lot size

1.19 AC

Property size (Sq ft)

15,350 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional Houston retail investment opportunity presents a 15,350 square foot shopping center, boasting 100% occupancy and a strong NOI of $241,327. The property, situated on 1.19 acres at 4904 Hwy 6 N, Houston, TX 77084, comprises nine units within a single, one-story building constructed in 1978. Currently operating under a NNN lease structure, this stabilized investment offers a compelling 6.03% cap rate at an asking price of $4,000,000 ($260.59/sq ft). Located in the thriving Addicks area, the property benefits from its proximity to George Bush Park, West Houston Airport, and a variety of dining establishments. The property's prime location and diverse tenant mix ensure consistent income and long-term growth potential. This well-maintained asset is ready for immediate income generation, making it an ideal addition to any investor's portfolio. The property is zoned for commercial use and offers versatile space suitable for a variety of retail endeavors. This is a rare opportunity to acquire a high-performing retail center in a desirable Houston location.

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.8474

Longitude

-95.6455

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