512-955-4292
11740 State Highway 249, Houston, TX for Sale
Supermarket - FOR SALE
1/13
null | 6.5% Cap Rate

11740 State Highway 249
Houston, TX 77086
Brookhollow/Inwood


HIGHLIGHTS

  • Signalized corner on State Highway 249 with 51,000+ VPD
  • Dual-anchored by Family Dollar and Dollar Tree
  • New hotel on adjacent pad site driving additional co-tenancy traffic
  • 100% occupied | 7 NNN tenants

OVERVIEW

Alison Commercial Group presents Shoppes at 249, a fully leased, 32,196 SF multi-tenant retail center positioned on State Highway 249 in Houston, Texas, one of the city's primary northwest corridor arteries with 51,000+ vehicles per day.? The property is 100% leased to seven NNN tenants, dual-anchored by Family Dollar and Dollar Tree, with a diverse mix spanning retail, medical, insurance, and service users.? A newly developed hotel on the adjacent pad site drives additional co-tenancy traffic to the center.? The surrounding trade area features 125,000+ residents within a 3-mile radius with a projected submarket growth rate of 5.8–6.0% through 2030.? With rents positioned below market, Shoppes at 249 offers investors both stable in-place cash flow and meaningful upside potential.? This property is part of a 6-property Houston MSA retail portfolio. Available for individual purchase or as part of a portfolio/bulk acquisition. Contact listing broker for portfolio pricing and details.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoppes at 249

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Fast Food, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

135

LAND DETAILS

LAND ACRES

3.81 AC

LAND SF

165,964 SF

ZONING

None

APN/PARCEL ID

0420760000006,1402190010003

ASK ABOUT THIS PROPERTY

Imtiaz AliAlison Commercial Group at KW CommercialMore Info
512-955-4292

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Imtiaz AliAlison Commercial Group at KW CommercialMore Info
512-955-4292

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.