4000 Washington - Storefront Retail/Office FOR SALE


Houston, TX 77007- Washington Ave
$17,000,000 USD
469-844-8884
4000 Washington, Houston, TX for Sale
$17,000,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 6.65% Cap Rate

4000 Washington
Houston, TX 77007
Washington Ave


OVERVIEW

Class A Mixed-Use Asset in Prime Infill Location - Washington Plaza is a premier 44,950 SF Class A retail/office property on 2 acres in Houston’s coveted Washington Corridor—one of the city’s most sought-after urban submarkets. Trophy Asset in Affluent Submarket - Surrounded by Houston’s most affluent neighborhoods, including The Heights, Memorial, and River Oaks, the property sits in a high-income area with average household incomes over $143,850 and a population exceeding 216,000 within 3 miles. Complementary, Internet-Resistant Tenancy – 91% leased to a strong mix of national and regional tenants under NNN leases, including healthcare, wellness, professional services, and dining—sectors resilient to online disruption. High Visibility & Exceptional Accessibility – Located just 2 miles from Downtown Houston with direct access to major thoroughfares and located in a highly walkable area that drives consistent foot traffic. Value-Add Through Lease-Up and Rent Growth - Offers stable in-place income with upside through leasing the remaining vacancies and capturing market rents amid strong submarket fundamentals and limited new supply. Established Trade Area with Major Retail Anchors - Washington Plaza benefits from nearby national retailers including Walmart, H-E-B, Whole Foods, Target, Kroger, and Sprouts, reinforcing steady consumer traffic.

FOR SALE DETAILS

PRICE

$17,000,000 USD

PRICE/SF

$395 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Washington Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

158

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,991 SF

ZONING

None

APN/PARCEL ID

1293370010001

ASK ABOUT THIS PROPERTY

Jason VitorinoSTRIVEMore Info
469-844-8884

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Jason VitorinoSTRIVEMore Info
469-844-8884

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