6740 Harrisburg BlvdHouston, TX 77011

Property Details for 6740 Harrisburg Blvd

Year built

1993

Construction

STEEL FRAME

Lot size

1.62 AC

Property size (Sq ft)

27,664 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

250650000009

APU

250650000009

Description

This 3,360 square foot retail space is located at 6740 Harrisburg Blvd in Houston, Texas, 77011. Situated on the southwest corner of the signalized intersection of Harrisburg Boulevard and Wayside Drive, this hard corner endcap benefits from high visibility and exposure to an estimated 18,000 vehicles per day. The space is part of a larger 12,000 square foot multi-tenant retail building. A prominent pylon sign provides excellent branding opportunities. The current sublease term extends until September 30, 2030. This location offers exceptional access and visibility for businesses seeking a high-traffic retail presence in a well-established Houston commercial corridor. The property's strategic location and ample space make it an ideal opportunity for a variety of retail uses. Interested parties should inquire about lease terms and conditions. The property's prime location and visibility make it an attractive option for businesses seeking to establish a strong presence in the Houston market. This sublease opportunity presents a unique chance to secure a well-positioned retail space with significant exposure to a large daily traffic volume.

• CAP approach

  CAP return

  Valuation

  6%

  $8,328,480

  6.5%

  $7,687,828

  7%

  $7,138,698

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,304,270

  Geo Method

  $20,871,458

• Alternative Use

  Use

  Valuation

  Residential

  $6,484,971

  Hospitality

  $5,940,198

  Educational

  $4,942,176

  Medical

  $5,112,144

  Retail

  $7,687,828

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7364

Longitude

-95.307

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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