- Suburban location with strong demographics
- Well-maintained asset with diverse upside
- Starting bid $500,000
- Suburban location with strong demographics
- Well-maintained asset with diverse upside
- Starting bid $500,000
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Landmark Property Developers
Passion Realty
Houston is one of the most populous cities in the United States, with a population of over 2.3 million people in 2022. The largest city in Texas and the fourth-most populous city in the United States, Houston has an industrious economy with pronounced presences in energy, manufacturing, aeronautics, and transportation sectors. Located strategically near the Galveston Bay and the Gulf of Mexico, it stands as an attractive location for Retail Space, benefitting from the city's substantial infrastructure. Houston's foundation in education, as highlighted by the influential University of Houston System, implies a well-educated workforce and consumer base. Lastly, Houston's subtropical climate and coastal location offer a unique appeal to retail operators catering to a broad demographic.
Over 300 Retail Space listings in Houston are strategically situated to leverage the city's numerous strengths: a thriving economy, prime geographic location, and excellent transportation access. Enhanced by the city's ecosystem and recognized global city status, these Retail Spaces provide a world of opportunity. Reflecting the city's economic diversification, there are numerous other property types available in Houston that mirror the city's defining characteristics. Shopping Centers in Houston capitalize on the city's vast consumer base and its renowned position as a retail hub. Restaurants reflect Houston's rich culinary landscape and cultural diversity. Office Spaces are plentiful and take advantage of the city's strength in various sectors including energy, and technology. Hotels underscore Houston's status as a city that attracts millions of visitors annually, for business or pleasure. In summary, the city of Houston, with its thriving economy and diverse population, offers a wealth of opportunities across multiple property types, manifesting a conducive environment for diverse real estate investments.
Houston's economic diversity, prominence in diverse sectors, and substantial population make it a favorable location for retail space.
Retail Space Size | Square Feet |
---|---|
Maximum | 325,557 SF |
Average | 12,419 SF |
Minimum | 307 SF |
Retail Space Cap Rate | Cap Rate Percentage |
---|---|
Maximum | 25% |
Average | 6.65% |
Minimum | 2.13% |
Retail Space Price | Price Per SF |
---|---|
Maximum | $106,667 Per SF |
Average | $650 Per SF |
Minimum | $7 Per SF |
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