832-852-2150
3330 Audley St, Houston, TX for Sale
Storefront Retail/Office - FOR SALE
1/26
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3330 Audley St
Houston, TX 77098
Greenway-Upper Kirby


HIGHLIGHTS

  • 3330 Audley Street is a 100% leased retail/flex asset within the dynamic Greenway/Upper Kirby submarket, minutes from River Oaks and The RO.
  • Seamless investment transition with existing NNN leases and recent exterior, interior, and major systems enhancements, reducing initial expenses.
  • Property features include 20-foot ceilings, 100% HVAC, a freight elevator, grade-level glass/metal overhead doors, and turnkey retail/office suites.
  • With a WALT of 3.3 years and a regional vacancy rate of 4.7%, the area demonstrates limited supply, supporting long-term growth and stable tenancy.

OVERVIEW

3330 Audley Street offers investors a fully leased 23,537-square-foot retail and flex property in Houston's Greenway/Upper Kirby submarket. Completely renovated in 2025, the building is set for today's workforce with interior, exterior, and major systems upgrades, leaving minimal deferred maintenance. The property's flexible design features 20-foot ceilings, showroom and warehouse space, turnkey office/retail suites, freight elevator, and modern glass and metal grade-level roll-up doors, well-positioned to serve various tenants. Stabilized with a weighted average lease term (WALT) of 3.3 years, 3330 Audley Street provides immediate in-place cash flow with limited near-term rollover. Existing triple net (NNN) leases further reduce landlord obligations. Additional upside exists through potential re-measurement of common area square footage to increase net rentable area. Market conditions further enhance the investment structure. The Greenway/Upper Kirby retail market has a vacancy rate of 4.7%, underscoring tenant demand and limited supply. Current leases present a mark-to-market opportunity as rents roll, with comparable market rents outpacing in-place rents at 3330 Audley. Steps from River Oaks, the asset benefits from premium demographics, high traffic counts, and walkability to The RO, a 17-acre master-planned development that further strengthens retail and office fundamentals in the trade area. With 3330 Audley Street's recent renovation, full occupancy, and embedded rent growth potential, investors will capture near-term income security and long-term upside in one of Houston's most desirable retail corridors.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Showroom

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C

APN/PARCEL ID

0650850010001

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Andrew ArmourWinthrop Realty GroupMore Info
832-852-2150

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Andrew ArmourWinthrop Realty GroupMore Info
832-852-2150

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