832-545-7393
14501 Memorial Dr, Houston, TX for Sale
Storefront - FOR SALE
1/8
null | Request Cap Rate

14501 Memorial Dr
Houston, TX 77079
Energy Corridor


HIGHLIGHTS

  • Multi tenants Property with NNN Leases and renewal options
  • Located in Highly sought after Memorial Dr, Spring Branch a Leading Houston dream neighborhood
  • This neighborhood affords Houston commuters quality of life, excellent schools, parks and other amenities.
  • Highly Visible and Heavy Foot Traffic along with high traffic Counts
  • Tenant Lineup is a Neighborhood Strip Center Dream: Internet-Proof and exceptional , Baskin Robins, Pastal Rug, Hair Salon, Jewelry Store
  • Wall Paper, Beauty and Makeup Store, Kumon, Clothing Boutique. All tenants serve the daily needs of the dense surrounding residential.

OVERVIEW

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: 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. 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. 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. 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. 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. 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 Please Contact Sepi 832-545-7393

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Winter Oaks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,403 SF

ZONING

None

APN/PARCEL ID

0402240000058

ASK ABOUT THIS PROPERTY

Sepi AkhaviKeller Williams Realty, Inc.More Info
832-545-7393

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Sepi AkhaviKeller Williams Realty, Inc.More Info
832-545-7393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.