Multi-Tenant Retail
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For Sale
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11740 STATE HWY 249, Houston, TX 77086
Fully leased center with seven NNN tenants, Family Dollar and Dollar Tree anchors, and a mix of retail and service uses.
Property Size32,196 SF
Days on Market7
Property Features for 11740 STATE HWY 249
General Information
Standard status
Active
Size
32,196 SF
Class
B
Property subtype
Retail
Zoning
General Business
Occupancy
100%
Lease Type
NNN
Net Operating Income
$468,200
Site & Location
Anchor Co-Tenants
Family Dollar, Dollar Tree
Traffic Count
51,000 vehicles/day
Building Details
Year Built
2019
Buildings
1
Stories
1
Units
7
Tenancy
Multi
Listing Agency:
Alison Commercial Group by KW Commercial
Listed By:
Imtiaz Ali · License #TX 728721
Source:
Crexi
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 6:13AM
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.
Built in 2019, this 32,196-square-foot shopping center is zoned General Business and includes seven NNN tenant spaces. The property is 100% leased, with Family Dollar and Dollar Tree serving as the two anchor tenants. Occupancy also includes medical, insurance, retail, and service users, creating a varied tenant mix within the center.
The property fronts State Highway 249 in Houston, Texas, with reported traffic exceeding 51,000 vehicles per day. A newly developed hotel occupies the adjacent pad site and contributes additional activity to the surrounding commercial setting. The trade area includes more than 125,000 residents within a 3-mile radius, with projected submarket growth of 5.8–6.0% through 2030.
The property fronts State Highway 249 in Houston, Texas, with reported traffic exceeding 51,000 vehicles per day. A newly developed hotel occupies the adjacent pad site and contributes additional activity to the surrounding commercial setting. The trade area includes more than 125,000 residents within a 3-mile radius, with projected submarket growth of 5.8–6.0% through 2030.
Key Highlights
- 32,196‑square‑foot retail center built in 2019
- 100% leased to seven NNN tenants
- Family Dollar and Dollar Tree serve as dual anchors
Property Analytics
Current Use
Lease Details
51,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77086, TX
29,366
Population
9,315
Households
3.2
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
6.8 sq mi
ZIP Area
4,319
Density / Sq Mi
$58,184
Median Household Income
$29,882
Median Earnings
$1,199
Median Rent
$196,300
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
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Similar Off Market Nearby
- Shoppe@249 — Houston, TX 77038
Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased center with seven NNN tenants, Family Dollar and Dollar Tree anchors, and a mix of retail and service uses.
Where is this shopping center located?
The property is located at 11740 STATE HWY 249 Houston, TX.
What are key features of this property?
This property features: 32,196‑square‑foot retail center built in 2019; 100% leased to seven NNN tenants; Family Dollar and Dollar Tree serve as dual anchors
