Contacts
Sepi Akhavi
Keller Williams Houston Memorial
Property Details
- Property Type Retail
- Units 0
- Lot Size 29,403 Acre
- Additional Rent Contact for pricing
- # of Floors 1
- Building Class B
- Year Built 1969
- Year Renovated 2022
- Date Updated Nov 20, 2024
For Sale: Premier Multi-Tenant Retail Center in Prime Memorial Drive Location
We are pleased to present an exceptional opportunity to acquire a well-established multi-tenant retail center in one of Memorial Drive's most sought-after areas. This vibrant retail hub features a diverse lineup of reputable tenants, including the beloved Baskin Robbins and Kumon, and has been a cornerstone of the community for many years.
Property Highlights:
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Prime Location: Situated in a highly desirable area with high-income demographics, this center benefits from its proximity to major highways and its appeal to family-oriented living. Its strategic location ensures excellent visibility and accessibility, making it a focal point for both local residents and passing traffic.
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Established Tenants: The center boasts a total of 8 tenants, including well-known brands such as Baskin Robbins, which has a long-standing presence and strong community ties. All leases are structured as NNN (Triple Net) with personal guarantees, ensuring stable and predictable income with minimal landlord responsibilities.
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Recent Renovations: In 2022, the property underwent significant renovations, enhancing its appeal and functionality. The modern updates ensure the center remains competitive and attractive to both tenants and customers.
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Walkability and Convenience: The center's design promotes walkability, making it a convenient destination for neighborhood residents. Its layout serves not only the immediate community but also draws in visitors from nearby areas.
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Signage and Visibility: With two prominent signage locations—one for Baskin Robbins on the pad site and another for the remaining tenants—this property offers exceptional visibility and branding opportunities.
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Building Features: The center is comprised of two buildings, including a pad site that adds flexibility and additional value. The layout effectively accommodates a variety of retail and service-oriented businesses, catering to diverse customer needs.
This property represents a unique investment opportunity in a high-demand area with long-term stability and growth potential. Whether you are an investor seeking a reliable income stream or a developer looking to capitalize on a prime location, this retail center stands out as a premier choice.
For more information Contact Sepi 832-545-7393
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Attachments
Getting around
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Location
- City Houston, TX
- Neighborhood Energy Corridor
- Zip Code 77079
- Market Houston
Points of Interest
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Phillips 66
0.23 miles
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Shell
0.76 miles
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Exxon
0.99 miles
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Valero
1.30 miles
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Chevron
1.65 miles
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H-E-B Fuel
2.49 miles
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Blink
3.42 miles
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Tesla Supercharger
4.53 miles
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Siemens
5.16 miles
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Houston, TX - Northwest Freeway Supercharger
7.78 miles
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Shell Woodcreek Garage 1
1.30 miles
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Addicks Park and Ride
2.41 miles
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Memorial City Plaza Parking Garage
3.63 miles
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Memorial City Mall Overflow Parking
3.78 miles
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Schlumberger Parking Garage
4.36 miles
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Mission Bend Transit Center
4.38 miles
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Westchase Park and Ride
4.39 miles
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Village Towers Parking Garage
4.44 miles
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Gessner Park and Ride
5.18 miles
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Barker-Cypress Road Park & Pool
5.29 miles
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Burger King
0.04 miles
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Schlotzsky's
0.05 miles
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KFC
0.06 miles
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Popeyes
0.08 miles
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McDonald's
0.08 miles
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Domino's
0.10 miles
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Havana Houston Grill
0.12 miles
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MOD Pizza
0.14 miles
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Smoothie King
0.15 miles
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Wingstop
0.20 miles
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Kroger
0.24 miles
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Randalls
0.29 miles
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Box Agency
1.22 miles
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TJ Maxx
1.84 miles
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Vishala Grocery
2.56 miles
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H-E-B
2.58 miles
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Walmart Supercenter
2.66 miles
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Trader Joe's
2.69 miles
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Burlington
2.86 miles
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Target
2.96 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Sepi Akhavi
Keller Williams Houston Memorial