11239 Veterans Memorial Drive Houston, TX 77067
Auto shop offers 9,400 SF of operating space designed to separate diagnostic/repair from heavy collision work.
Property Features for 11239 Veterans Memorial Drive
General Information
- Standard status
- Active
- Size
- 9,400 SF
- Property subtype
- Shopping Center / Retail
Listing office RE/MAX Commercial Advisors Group (281) 686-9445
Listing date Jul 10, 2026
Source Remaxcommercial
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Investment Insights
Based on property information with market context.
The property is located at 11239 Veterans Memorial Drive in Houston, TX 77067.
This is a straightforward ownership opportunity for an automotive operator seeking a dedicated facility with room for separate workflow areas, rather than adapting day-to-day operations around a landlord’s constraints.
Key Highlights
- Auto shop with 9,400 SF of total operating space.
- Designed to separate diagnostic/repair workflows from heavy collision work to reduce bottlenecks.
- Existing equipment is available for purchase to support a transition into the space.
Local 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 | $192.9k | $20.52 |
| − Vacancy | −$10.8k | −$1.15 |
| EGI | $182.1k | $19.37 |
| − OpEx | −$54.6k | −$5.81 |
| NOI | $127.5k | $13.56 |
Alternative Uses
Property Analytics
Current Use by Public Records
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