Marcus & Millichap is pleased to exclusively offer for sale Rankin Retail Center, located at 641 Rankin Road in Houston, Texas. The 11,250-square-foot shopping center, situated on approximately one acre, is offered for $2,200,000, which is priced significantly below replacement cost at a value of $195 per square foot. The retail property was built in 2015, with high quality, tilt-wall construction. Rankin Retail Center is 46 percent occupied, presenting an excellent opportunity for a user to purchase the property for its own occupancy, or for an investor to add value through leasing vacancies. Should an investor lease the vacant 6,125 square feet at market rates, the cap rate will be approximately 10 percent. The shopping center benefits from 220 feet of frontage on Rankin Road, with convenient left and right turn ingress and egress. Rankin Retail Center is surrounded by regional and national retailers, including Jack in the Box, Waffle House, Family Dollar, AutoZone, and Subway. • Recent, High Quality Tilt-Wall Construction • Priced Significantly Below Replacement Cost at $195 Per Square Foot • Excellent Owner-User Opportunity • Significant Upside Potential Through Leasing of 6,125 Square Feet of Vacancies • Excellent Visibility and Access: 220 Feet of Frontage to Rankin Road (22,000 Vehicles Per Day)