Retail Strip
10404 Gulf Fwy Houston, TX 77075
For Sale
Contact for pricing
Family-oriented retail strip center with long-tenured tenants including Kids Empire, La Monarca, World Finance, and Little Caesars.
Property Size15,763 SF
Price / SF$330.20
Days on Market58
Property Features for 10404 Gulf Fwy
General Information
- Standard status
- Active
- Size
- 15,763 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing Agency:
Monarch Commercial Advisors
Listed By:
Dave Lucas · License #01389761
Source:
Crexi
Added: May 27
Changed: Jul 23
Last Checked: Jul 23 at 2:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monarch Commercial Advisors
Investment Insights
Based on property information with market context.
This family-oriented retail strip center is positioned along Gulf Freeway and offers a tenant lineup with long operating histories. Reported tenants include Kids Empire, La Monarca, World Finance, and Little Caesars. The center is marketed as designed to support an integrated “play, shop, eat” experience through its on-site mix of businesses.
The property is located at 10404 Gulf Fwy, Houston, TX 77075, in a dense neighborhood approximately 3 miles from William P. Hobby Airport.
As a for-sale retail asset, it presents an established ground-floor configuration supported by multiple active tenants and a relatively straightforward operating profile based on the property’s described management burden.
The property is located at 10404 Gulf Fwy, Houston, TX 77075, in a dense neighborhood approximately 3 miles from William P. Hobby Airport.
As a for-sale retail asset, it presents an established ground-floor configuration supported by multiple active tenants and a relatively straightforward operating profile based on the property’s described management burden.
Key Highlights
- Retail strip center built in 2016
- Tenant lineup includes Kids Empire, La Monarca, World Finance, and Little Caesars
- Located along I‑45 in Houston’s metro area
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $323.5k | $20.52 |
| − Vacancy | −$18.1k | −$1.15 |
| EGI | $305.3k | $19.37 |
| − OpEx | −$91.6k | −$5.81 |
| NOI | $213.7k | $13.56 |
15,763 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.05M
$2.67M – $3.56M
NOI $213,740 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.05M
$3.55M – $4.73M
NOI $283,734 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Little Caesars Pizza
Restaurant
Kids Empire Houston ...
Family Recreation Center
La Monarca Michoacana ...
Bakery
World Finance
Accounting Firm
Hot-N-Ready Pizza
Restaurant
FAQs
What type of property is this?
Strip mall - Family-oriented retail strip center with long-tenured tenants including Kids Empire, La Monarca, World Finance, and Little Caesars.
Where is this strip mall located?
The property is located at 10404 Gulf Fwy Houston, TX.
What is the asking price?
The asking price for this property is $5,205,000.
What are key features of this property?
This property features: Retail strip center built in 2016; Tenant lineup includes Kids Empire, La Monarca, World Finance, and Little Caesars; Located along I‑45 in Houston’s metro area
