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Multi-Tenant Retail Center
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10811 Veterans Memorial Drive, Houston, TX 77067

Two-building shopping center with NNN-leased suites and one available space.

Property Size21,120 SF
Days on Market23

Property Features for 10811 Veterans Memorial Drive

General Information

Standard status Active
Size 21,120 SF
Property subtype Retail
Zoning General Business
Occupancy 92%
Lease Type NNN

Site & Location

Corner Location Yes
Traffic Count 36,058 vehicles/day

Building Details

Year Built 2001
Buildings 2
Stories 1
Units 13
Tenancy Multi
Listing Agency: Alison Commercial Group by KW Commercial
Listed By: Imtiaz Ali · License #TX 728721
Source: Crexi
Added: Jul 21 Changed: Aug 10 Last Checked: Aug 10 at 9:17AM

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 Alison Commercial Group by KW Commercial

Investment Insights

Based on property information with market context.

The property comprises two retail buildings totaling 21,120 SF, with 13 suites serving a multi-tenant shopping center configuration. Occupancy is 92.3%, with 12 suites leased under NNN terms and one 2,900 SF vacancy. Constructed in 2001, the center is zoned General Business.

The site occupies a signalized intersection at Veterans Memorial Drive and Willow Tree Drive in Houston. Veterans Memorial Drive carries 36,058 VPD, while the property also has direct visibility from Sam Houston Parkway, also known as Beltway 8, with approximately 160,012 VPD. Food Town serves as a shadow anchor, and four major grocers are located within one mile.

Key Highlights

  • 21,120 SF retail portfolio across two buildings
  • 92.3% occupied with 12 of 13 units leased
  • One 2,900 SF vacancy available for lease‑up

Property Analytics

Current Use

Budget Insurance Insurance Agency M & N Liquor (Bike/Boat/Book/etc) Store Dollar Dry Cleaners (Bike/Boat/Book/etc) Store De Hoang Duy Restaurant Metro by T-Mobile Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36,058 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77067, TX

31,729
Population
11,072
Households
2.9
Avg Household Size
31
Median Age
12%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
5,566
Density / Sq Mi
$51,278
Median Household Income
$33,287
Median Earnings
$1,138
Median Rent
$174,600
Median Home Value

Market

Vacancy Rate% for Retail in Houston, TX

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025
Rey
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Similar Off Market Nearby

  • The Commons 11397 Veterans Memorial Dr, Houston, TX 77066
  • West Greens Plaza 11201 Veterans Memorial Dr, Houston, TX 77067

Frequently Asked Questions

What type of property is this?
Shopping center - Two-building shopping center with NNN-leased suites and one available space.
Where is this shopping center located?
The property is located at 10811 Veterans Memorial Drive Houston, TX.
What are key features of this property?
This property features: 21,120 SF retail portfolio across two buildings; 92.3% occupied with 12 of 13 units leased; One 2,900 SF vacancy available for lease‑up
More about this property
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