713-852-3535
10251-10261 North Fwy, Houston, TX for Sale
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

10251-10261 North Fwy
Houston, TX 77038
Brookhollow/Inwood


HIGHLIGHTS

  • Significant Value-Add
  • Grocery Shopping Center Backed By Texas' Top Grocer: H-E-B
  • Top Ranked Tenancy
  • Located at Ground Zero of Major Trade Area in North Houston
  • Highly Trafficked Location with Expansive Draw

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present West Road Plaza (the “Property”), a 419,731 square foot 97% leased grocery-anchored shopping center located in the thriving Near North submarket of Houston, TX. This exceptional investment opportunity is anchored by Joe V’s Smart Shop, a premier discount grocer backed by Texas’ leading grocer, H-E-B. The Property offers an incredible value-add opportunity with 34% below market rents and availability for a further pad site development. Strategically positioned on the southwest corner of I-45 and West Road, the Property is situated in the major retail node of the North Houston / Greenspoint submarket, benefiting from its immediate location along the I-45 corridor. The center boasts a diverse mix of top-performing national tenants, including four ground lease pads, providing secure cash flow and additional upside potential. With its highly trafficked location and expansive trade area, West Road Plaza serves one of Houston’s major population centers, making it a coveted offering in the market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Road Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

2292

LAND DETAILS

LAND ACRES

45.09 AC

LAND SF

1,964,120 SF

ZONING

None

APN/PARCEL ID

1176470010001

ASK ABOUT THIS PROPERTY

Ryan WestJLLMore Info
713-852-3535

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Ryan WestJLLMore Info
713-852-3535

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