Riverbrook Shopping Center is a ±16,450 SF neighborhood retail center on ±1.14 acres at the corner of Scott Street and Dawson Lane in South Houston, offered by order of the U.S. Bankruptcy Court and delivered free and clear of all liens, claims, and interests.
Approximately 12,850 SF of renovated, open-plan retail space is available for a buyer's own business or for lease-up. Three neighborhood tenants are in place and paying rent: a liquor store that has operated here for roughly three decades, a nail salon in place since 2012, and a daiquiri shop under lease through December 2027. Owner-occupants may qualify for SBA financing with as little as 10% down. Month-to-month tenancies allow the new owner to sign fresh long-term leases at market rent with proven operators.
The surrounding Sunnyside/South Houston area is one of the city's most active markets for new single-family homes, both for sale and for lease. New rooftops are driving new retail demand in a trade area with more than 41,000 households and over $930 million in annual consumer spending within three miles. The property sits inside Beltway 8 with quick access to Loop 610, Highway 288, the Texas Medical Center, and NRG Park, and lies in Flood Zone X.
At ±$146 per square foot, this is a rare chance to own corner retail in the path of progress at a basis well below market. Sale is subject to Bankruptcy Court approval. Property sold as-is. Contact broker for the Offering Memorandum, rent roll, and leases.