Durham Shops presents an attractive investment opportunity located in the heart of Houston's sought-after Heights/Washington Avenue corridor. The property spans 13,345 square feet across three fully leased suites with a 100% occupancy rate, offering a strong and dependable income stream. Anchored by national tenant Sherwin-Williams alongside Hounds Town and Care Veterinary Services, this center benefits from long-term commitments and staggered expirations, reducing rollover risk.
The asset operates under a transparent triple-net lease (NNN) structure across all tenants, ensuring a low management burden and consistent cash flow for ownership. Recent renovations include restriped parking, updated exterior finishes, and full interior buildouts for specialty users, positioning the center for long-term durability and appeal.
Located on Durham Drive, the property offers excellent visibility and accessibility in a dense urban submarket characterized by strong demographics, growing residential demand, and average household incomes exceeding $150,000 within a three-mile radius. Its immediate proximity to Washington Avenue, Downtown Houston, and major freeways such as I-10 enhances connectivity, making this retail center a secure and stable acquisition for investors seeking durable income with future upside potential.