4102 Richmond Ave
9,265 SF 100% Leased Retail Building Houston, TX 77027 For Sale
INVESTMENT HIGHLIGHTS
- Richmond Plaza is a 9,265 square foot shopping center located in the Greenway/Upper Kirby area. Easy reach from Interstate 69 and Interstate 610 wit
- The property has structured rent increases to provide a valuable hedge against inflation. There is a staggered rollover schedule and 38% of GLA has b
- The property benefits from multiple entry points. There are two points of ingress/egress on Richmond Avenue. The property is well positioned within
EXECUTIVE SUMMARY
Richmond Plaza is a five tenant strip center located in the Greenway/Upper Kirby area. The Upper Kirby District is a vibrant commercial and retail hub, with numerous shops, restaurants, and entertainment options. The area is known for its upscale and trendy establishments, attracting residents and visitors alike. The Greenway/Upper Kirby area benefits from its proximity to major roadways, including US-59 and I-610, making it accessible for commuters and providing easy connections to other parts of the city. The neighborhood has undergone significant redevelopment and revitalization efforts, leading to improvements in infrastructure, streetscapes, and overall livability.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,265 SF
Building Class
B
Year Built
2009
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.65 AC
Zoning
None
Parking
32 Spaces (3.45 Spaces per 1,000 SF Leased)
Frontage
129 FT on Richmond Ave
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1310360010001 | Improvements Assessment | $1,923,013 |
| Land Assessment | $1,991,128 | Total Assessment | $3,914,141 |
