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Newly Constructed Retail Center
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12440 Gulf Freeway, Houston, TX 77034

Newly constructed retail center anchored by Sam's Club, offering redevelopment space for a second-generation restaurant.

Days on Market9

Property Features for 12440 Gulf Freeway

General Information

Standard status Active
Property subtype Retail, Land

Site & Location

Anchor Co-Tenants Sam's Club
Highway Access Yes

Additional Details

Space Use Restaurant

Building Details

Building Size 48,787 SF
Listing Agency: NewQuest Properties
Listed By: Christina Kurt · License #633096
Source: Crexi
Added: Jul 23 Changed: Jul 29 Last Checked: Jul 30 at 3:51AM

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 NewQuest Properties

Investment Insights

Based on property information with market context.

A newly constructed retail center anchored by Sam's Club. Redevelopment is available for a second-generation restaurant, with new construction retail planned to come soon. The center is set within a densely populated trade area with a healthy mixture of multifamily and single-family residences.

The property is strategically positioned near the corner of Gulf Freeway (IH-45) and Fuqua Street, with access to Beltway 8 just minutes away.

Suitable for operators seeking a second-generation restaurant redevelopment opportunity within an active retail environment anchored by Sam's Club.

Key Highlights

  • Newly constructed retail center anchored by Sam's Club
  • Redevelopment space available for a 2nd generation restaurant
  • Located near the corner of Gulf Freeway (IH‑45) and Fuqua Street

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Garden Center Gym & Fitness Center Skin Care Clinic

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

784
Businesses Nearby
72k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 68% Shops & Services 30% Office Supplies 1% Electronics 1%
Jack in the Box Dining
15,876 visits/mo 0.3 miles
Bank of America Shops & Services
14,732 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
10,920 visits/mo 0.2 miles
Burger King Dining
10,106 visits/mo 0.2 miles
Taco Bell Dining
9,961 visits/mo 0.3 miles

Demographics for 77034, TX

38,186
Population
14,188
Households
2.7
Avg Household Size
31
Median Age
13%
College-Educated
70%
High-School Grad
14.2 sq mi
ZIP Area
2,689
Density / Sq Mi
$59,516
Median Household Income
$35,127
Median Earnings
$1,178
Median Rent
$178,100
Median Home Value

Market

Lease Benchmarks for Houston, TX

$17.2 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
36,600 SF
Avg Space Size

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

  • Gulfway Shopping Center — 10910-10998, Fuqua St, Houston, TX 77089
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  • Coin Cloud Bitcoin ATM — 10994 fuqua st, houston, tx 77089

Frequently Asked Questions

What type of property is this?
Shopping center - Newly constructed retail center anchored by Sam's Club, offering redevelopment space for a second-generation restaurant.
Where is this shopping center located?
The property is located at 12440 Gulf Freeway Houston, TX.
What are key features of this property?
This property features: Newly constructed retail center anchored by Sam's Club; Redevelopment space available for a 2nd generation restaurant; Located near the corner of Gulf Freeway (IH‑45) and Fuqua Street
(832) 433-8324 Call to check price and availability
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