NEW TO THE MARKET! ROM Commercial Properties is pleased to exclusively offer for sale DIAMOND PLAZA CENTER, located at 1020 FM 1960 West in Houston, Texas. The 34,851 square foot shopping center, situated on approximately two (2) acres, is offered at a below building replacement cost of $6,695,711.00 ($192 PSF)
The retail property was built in 1979 with seller capital improvements in 2024.
Diamond Plaza Center offers a highly diverse internet resistant tenant mix with a prime visibility and access from FM 1960. High upside with below market rents with new major residential development being constructed adjacent to the center. Major retailers nearby include Dollar Tree, Ihop, Kroger, Starbucks, Chic-Fil-A and Texas Roadhouse among others. 30K cars traffic counts daily!