4145 Gessner Rd - Storefront FOR SALE


Houston, TX 77080- Spring Shadows
$11,175,000 USD
408-510-9057
4145 Gessner Rd, Houston, TX for Sale
$11,175,000 USD
Storefront - FOR SALE
1/7
null | 6.15% Cap Rate

4145 Gessner Rd
Houston, TX 77080
Spring Shadows


HIGHLIGHTS

  • Trophy Asset in Houston | Newly constructed (2023 & 2025) 6-suite retail center plus freestanding Chipotle drive-thru, totaling ±20,553 SF.
  • 100% Leased with Strong Tenant Mix | Anchored by Chipotle Mexican Grill, complemented by The UPS Store, Marco’s Pizza, Juarez Mexican Restaurant, Tom
  • Stable Cash Flow | Annual Revenue of $687,253 secured by NNN leases with minimal landlord responsibilities.
  • Prime Location with High Traffic Counts | Positioned along Gessner Road (+15,334 VPD).
  • Houston Market Strength | Houston is the #1 leasing submarket in the nation, supported by steady population growth (278K within 5 miles).

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a newly constructed ±20,553-square-foot retail center and freestanding Chipotle drive-thru at 4145 Gessner Road in Houston, Texas. Constructed in 2023 (retail center) and 2025 (Chipotle), the property is 100% leased to a diverse mix of national and regional tenants including Chipotle Mexican Grill, The UPS Store, Marco’s Pizza, Juarez Mexican Restaurant, Tom n Tom’s Coffee, Logos Dental, and Behavioral Innovations. An incoming Andy’s Frozen Custard (not a part of the opportunity) further enhances the tenant lineup and long-term value of the site. The property will generate annual revenue of $687,253, secured by NNN leases with minimal landlord responsibilities limited to roof and structure (Buyer to verify). Anchored by Chipotle with a long-term lease through 2040, the center benefits from a weighted average lease term of approximately eight (8) years, providing investors with stable and predictable cash flow. Strategically positioned along Gessner Road, a major north-south arterial with ±15,334 vehicles per day, the site offers excellent visibility and access. The surrounding trade area features dense residential neighborhoods, schools, and major employment centers, with over 278,000 residents and an average household income exceeding $138,000 within five miles. The property is also proximate to significant new developments, including mixed-use projects and multifamily communities, underscoring the area’s strong growth trajectory.

FOR SALE DETAILS

PRICE

$11,175,000 USD

PRICE/SF

$745 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Leased Center + Freestanding Chipotle

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.37 AC

LAND SF

364,545 SF

ZONING

-

APN/PARCEL ID

1213720060003

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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