Five-Tenant Shopping
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12712 Walters Road, Houston, TX 77014
Fully occupied retail center positioned at a signalized intersection with five tenant spaces.
Property Size12,980 SF
Price / SF$146.30
Days on Market7
Property Features for 12712 Walters Road
General Information
Standard status
Active
Size
12,980 SF
Class
C
Total Parking Spaces
37
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$142,887
Financials
Asking Price
$1,899,000
Cap Rate
7.52%
Additional Details
Corner Location
Yes
Building Details
Year Built
1984
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Houston
Listed By:
Gus Lagos · License #TX 419197
Source:
Crexi
Added: Jul 29
Changed: Aug 4
Last Checked: Aug 4 at 4:32AM
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 Marcus & Millichap - Houston
Investment Insights
Based on property information with market context.
Sablechase Plaza is a 12,980-square-foot shopping center in Houston with a five-tenant configuration. Built in 1984, the property is reported as 100 percent occupied, providing an established multi-tenant retail format.
The center occupies the signalized intersection of Walters Road and Sablechase Drive, offering access from a controlled corner location. Existing leases include future rent growth, and the property carries a reported 7.52 percent cap rate.
The center occupies the signalized intersection of Walters Road and Sablechase Drive, offering access from a controlled corner location. Existing leases include future rent growth, and the property carries a reported 7.52 percent cap rate.
Key Highlights
- 12,980‑square‑foot shopping center built in 1984
- 100 percent occupied with five tenants
- Signalized corner at Walters Road and Sablechase Drive
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77014, TX
35,161
Population
13,166
Households
2.7
Avg Household Size
32
Median Age
22%
College-Educated
81%
High-School Grad
7.2 sq mi
ZIP Area
4,883
Density / Sq Mi
$54,456
Median Household Income
$34,192
Median Earnings
$1,220
Median Rent
$213,300
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail center positioned at a signalized intersection with five tenant spaces.
Where is this shopping center located?
The property is located at 12712 Walters Road Houston, TX.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: 12,980‑square‑foot shopping center built in 1984; 100 percent occupied with five tenants; Signalized corner at Walters Road and Sablechase Drive
