8236 Gessner RdHouston, TX 77036

Property Details for 8236 Gessner Rd

Year built

1976

Construction

STEEL FRAME

Lot size

5.07 AC

Property size (Sq ft)

39,354 SF

Property type

Outlet malls

APN

1378420010001

APU

1378420010001

Description

This exceptional 52,000 square foot retail strip center, located at 8236 South Gessner Road in Houston, Texas (zip code 77036), presents a significant leasing opportunity. Currently, 15,000 square feet of space is available for lease within this multi-tenant property situated in Harris County. The property's prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic. The existing building provides ample space for a variety of retail uses, catering to diverse business needs. The available 15,000 square feet offers significant potential for expansion or the establishment of a substantial retail presence. This property is perfect for businesses looking to establish a strong foothold in a thriving Houston market. The property's strategic location ensures convenient access for customers and employees alike. Interested parties are encouraged to inquire about lease terms and conditions to explore this compelling opportunity to secure a prominent retail space in a high-demand area. The property is classified as a retail strip center and offers multiple tenancy options. Detailed floor plans and specifications are available upon request. Don't miss this chance to secure a prime retail location in Houston's dynamic commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $11,847,854

  6.5%

  $10,936,480

  7%

  $10,155,303

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,658,554

  Geo Method

  $29,691,130

• Alternative Use

  Use

  Valuation

  Residential

  $9,225,330

  Hospitality

  $8,450,353

  Educational

  $7,030,594

  Medical

  $7,272,388

  Retail

  $10,936,480

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.6877

Longitude

-95.5323

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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