Alliance Retail
13734 State Hwy 249 Houston, TX 77086
13734 State Hwy 249, Houston, TX, 77086
Contact for pricing
For Sale
Contact for pricing
Turn-key retail center offered for sale with an efficient site layout on a major thoroughfare.
Property Size12,124 SF
Lot Size0.71 Acres
Price / SF$235.07
Days on Market113
Property Features for 13734 State Hwy 249
General Information
- Standard status
- Active
- Size
- 12,124 SF
- Lot size
- 0.71 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing agency
Sands Investment Group
(858) 212-7473
Listed by
Max Freedman · License #TX 644481
Source
Crexi
Added: Apr 1 Updated: Jul 22 at 5:32PM Checked: Jul 22 at 5:32PM
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 Sands Investment Group
Investment Insights
Based on property information with market context.
Sands Investment Group is pleased to exclusively offer for sale the Alliance Retail Center, a well-maintained, turn-key retail investment opportunity totaling 12,124 square feet on a 0.71-acre site.
The property is located at 13734 State Highway 249 in Houston, TX, and is positioned for strong visibility along a major thoroughfare. The site is described as having an efficient layout to support retail operations.
As presented in the offering, the center provides opportunities for income growth through the potential to increase rents and further stabilize occupancy.
The property is located at 13734 State Highway 249 in Houston, TX, and is positioned for strong visibility along a major thoroughfare. The site is described as having an efficient layout to support retail operations.
As presented in the offering, the center provides opportunities for income growth through the potential to increase rents and further stabilize occupancy.
Key Highlights
- 12, 12, and 124,400 SF Alliance Retail Center for sale at 13734 State Highway 249 in Houston, TX
- Built in 2007
- Situated on 0.71 acres with an efficient site layout
Local 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 | $248.8k | $20.52 |
| − Vacancy | −$13.9k | −$1.15 |
| EGI | $234.9k | $19.37 |
| − OpEx | −$70.5k | −$5.81 |
| NOI | $164.4k | $13.56 |
12,124 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.35M
$2.05M – $2.74M
NOI $164,397 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.12M
$2.73M – $3.64M
NOI $218,232 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
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FAQs
What type of property is this?
Shopping center - Turn-key retail center offered for sale with an efficient site layout on a major thoroughfare.
Where is this shopping center located?
The property is located at 13734 State Hwy 249 Houston, TX.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 12, 12, and 124,400 SF Alliance Retail Center for sale at 13734 State Highway 249 in Houston, TX; Built in 2007; Situated on 0.71 acres with an efficient site layout