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STRIP CENTER 9535 Westheimer Rd

3,190 SF 100% Leased Retail Building Houston, TX 77063 $1,493,000 ($468/SF) 6.33% Cap Rate

Retail Space Texas Houston 9535 Westheimer Rd, Houston, TX 77063

Investment Highlights

  • Signalized Hard Corner – Situated on the signalized hard corner of Westheimer Rd and Tanglewilde St.
  • Located in one of the Largest Cities in the United States – This asset is located in the heart of Houston, the 4th largest city in the United States.
  • Strategic Location – Outparceled to an 88,000 SF shopping center home to Aldi, Part City, Dollar Tree, AT&T.
  • Highly Trafficked Street – Located on one of the most heavily trafficked thoroughfares in Houston, Westheimer Rd. sees ±63,000 vehicles per day.
  • Densely Populated Area – The property is located within a highly developed area, which is home to over 567,000 residents in a 5-mile radius.
  • Long Operating History – The two tenants in the strip center have a combined 24 years of operating experience between them.

Executive Summary

Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
3,190 SF
Building Class
C
Year Built
2004
Price
$1,493,000
Price Per SF
$468
Cap Rate
6.33%
NOI
$94,511
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
None

Links

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Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
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What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

ALDI
LA Fitness
Corner Bakery Cafe
Randalls
Starbucks
Benihana
Chase Bank
Pappas Bar-B-Q
La Cazuela
Kroger

PROPERTY TAXES

Parcel Number 0410280030027 Improvements Assessment $440,867
Land Assessment $421,000 Total Assessment $861,867

PROPERTY TAXES

Parcel Number
0410280030027
Land Assessment
$421,000
Improvements Assessment
$440,867
Total Assessment
$861,867
(602) 412-3318

Contacts

  • Listing ID: 33689885

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 9535 Westheimer Rd, Houston, TX 77063

More public record information on 9535 Westheimer Rd, Houston, TX 77063

The Retail Property at 9535 Westheimer Rd, Houston, TX 77063 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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STRIP CENTER | 9535 Westheimer Rd
(602) 412-3318 x

STRIP CENTER | 9535 Westheimer Rd

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Joshua Longoria

(602) 412-3318

(602) 412-3318

Simon Assaf

(909) 800-7139

(909) 800-7139

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