Grocery Anchored Retail Center For
For Sale
Contact for pricing
5700 S Gessner Rd, Houston, TX
Grocery anchored retail center with below market rents.
Property Size80,527 SF
Lot Size5.78 Acres
Price / SF$158.33
Days on Market249
Property Features for 5700 S Gessner Rd
General Information
Standard status
Active
Size
80,527 SF
Lot size
5.78 Acres
Property subtype
RETAIL
Listing Agency:
Hunington Properties Inc.
(713) 623-6944
Listed By:
Sandy Aron · License #531445
(713) 623-6944
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:22AM
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 Hunington Properties Inc.
Investment Insights
Based on property information with market context.
This retail center is anchored by a grocery store with a long-term lease. The property benefits from a high-traffic, signalized intersection. A new roof has been installed on the retail center, excluding the anchor tenant and pad site. The property features below-market rents. The property size is 80,527 square feet.
Key Highlights
- Grocery anchored center with long term lease
- High traffic signalized intersection
- Below market rents
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 | $1.65M | $20.52 |
| − Vacancy | −$92.5k | −$1.15 |
| EGI | $1.56M | $19.37 |
| − OpEx | −$468.0k | −$5.81 |
| NOI | $1.09M | $13.56 |
80,527 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$17.70M
$15.49M – $20.66M
NOI $1,239,311 @ 7.0% cap · market cap 9.72%
Second Best
Retail
$15.60M
$13.65M – $18.20M
NOI $1,091,915 @ 7.0% cap · market cap 8.56%
Theoretical Best
Office A
$20.71M
$18.12M – $24.16M
NOI $1,449,486 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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- Good Luck Square 好運廣塲 — 5880 Ranchester Dr, Houston, TX 77036
- Harwin at Ranchester Center — 5757 Ranchester Dr, Houston, TX 77036
- Town Park Plaza — 6000 S Gessner Rd, Houston, TX 77036
Frequently Asked Questions
What type of property is this?
Shopping center - Grocery anchored retail center with below market rents.
Where is this shopping center located?
The property is located at 5700 S Gessner Rd Houston, TX.
What is the asking price?
The asking price for this property is $12,750,000.
What are key features of this property?
This property features: Grocery anchored center with long term lease; High traffic signalized intersection; Below market rents
