$16,517,000 USD
832-640-7384
20026-20050 N Highway 59 N
Humble, TX 77338
Lake Houston
HIGHLIGHTS
- The property is next to Deerbrook Mall, a retail center anchored by Macy’s, Dillard’s, JCPenney, and AMC Theatres, driving strong consumer traffic.
- The center is anchored by Ashley Furniture, a 40+ year tenant ranking in the 94th percentile nationally, providing a stable traffic driver.
- The property includes two long-term national pad tenants, Chili’s (27 years) and Popeyes (38 years), demonstrating strong site fundamentals.
- The site is located at a signalized intersection of FM 1960 and the US-59 feeder road, offering strong visibility and access.
- The property sits next to a newly opened Portillo’s, supporting continued retail growth in the area.
- The site features high-exposure frontage on Interstate 69 (US-59) with over 118,495 vehicles per day.
FOR SALE DETAILS
PRICE
$16,517,000 USD
PRICE/SF
$388 USD /SF
CAP RATE
7.53%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Deerbrook Corner
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
CROSS STREETS
FM-1960 Byp
LAND ACRES
4.72 AC
LAND SF
205,603 SF
ZONING
-
APN/PARCEL ID
0410510020245
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832-640-7384
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832-640-7384
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