Multi-Tenant Retail Shopping
For Sale
Contact for pricing
Pending
7645 Park Pl Blvd, Houston, TX 77087
Multi-tenant retail building on a 0.67-acre lot with 225 feet of frontage on Park Place Blvd.
Property Size8,791 SF
Lot Size0.67 Acres
Days on Market117
Property Features for 7645 Park Pl Blvd
General Information
Standard status
Pending
Size
8,791 SF
Lot size
0.67 Acres
Property subtype
Retail
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
9.5%
Building Details
Tenancy
Multi
Listing Agency:
Independence Real Estate, Inc.
(281) 335-0335
Listed By:
ARMANDA ROMERO · License #TX 747797
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Aug 3 at 10:10AM
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 Independence Real Estate, Inc.
Investment Insights
Based on property information with market context.
This multi-tenant retail shopping center is situated on a 0.67-acre lot and includes an 8,791-square-foot building currently leased to six different tenants under long-term leases. The property is reported as 100% occupied.
The site offers 225 feet of frontage on Park Place Blvd, identified in the remarks as a highly traveled street. The location is described as convenient to I-45 South, Monroe Road, Telephone Road, and the 610 Loop, supporting a retail mix that benefits from strong regional access.
For sale as an investment-oriented offering, the property is marketed with a stated 9.50% cap rate.
The site offers 225 feet of frontage on Park Place Blvd, identified in the remarks as a highly traveled street. The location is described as convenient to I-45 South, Monroe Road, Telephone Road, and the 610 Loop, supporting a retail mix that benefits from strong regional access.
For sale as an investment-oriented offering, the property is marketed with a stated 9.50% cap rate.
Key Highlights
- Multi‑tenant retail building totaling 8,791 SF currently leased to 6 different tenants with long‑term leases
- 100% occupied and 9.50% cap rate noted for the property
- 0.67‑acre lot with 225 ft of frontage on Park Place Blvd in Houston, TX 77078
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Explore this area
Business Placement
Demographics for 77087, TX
34,654
Population
12,400
Households
2.8
Avg Household Size
35
Median Age
12%
College-Educated
63%
High-School Grad
6.6 sq mi
ZIP Area
5,251
Density / Sq Mi
$53,624
Median Household Income
$32,927
Median Earnings
$1,015
Median Rent
$148,400
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant retail building on a 0.67-acre lot with 225 feet of frontage on Park Place Blvd.
Where is this retail space located?
The property is located at 7645 Park Pl Blvd Houston, TX.
What are key features of this property?
This property features: Multi‑tenant retail building totaling 8,791 SF currently leased to 6 different tenants with long‑term leases; 100% occupied and 9.50% cap rate noted for the property; 0.67‑acre lot with 225 ft of frontage on Park Place Blvd in Houston, TX 77078
