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Two-Center Strip Mall Portfolio
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2501 Bagby Street, Houston, TX 77006

Two retail centers include national and regional tenants across an urban Houston setting.

Property Size27,121 SF
Price / SF$657.24
Days on Market8

Property Features for 2501 Bagby Street

General Information

Standard status Active
Size 27,121 SF
Total Parking Spaces 106
Property subtype Retail
Occupancy 93%
Net Operating Income $1,181,847

Building Details

Year Built 1997
Year Renovated 2021
Buildings 2
Units 14
Tenancy Multi
Listing Agency: CBRE - Houston Galleria
Listed By: Drew Reinking · License #545841
Source: Crexi
Added: Jul 28 Changed: Aug 3 Last Checked: Aug 3 at 5:08AM

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 CBRE - Houston Galleria

Investment Insights

Based on property information with market context.

This two-center strip mall property totals 27,121 square feet and was constructed in 1997. The centers are 93% leased, with occupancy distributed among national and regional tenants.

The property is located at 2501 Bagby Street in Houston, Texas 77006. Known as Plazas at Midtown I & II, the asset comprises two retail-oriented centers within an urban setting.

Key Highlights

  • Two‑center strip mall property totaling 27,121 square feet
  • 93% leased across the property
  • National and regional tenant mix

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Locksmith Mobile Phone Store (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,794
Businesses Nearby

Demographics for 77006, TX

24,129
Population
16,654
Households
1.4
Avg Household Size
36
Median Age
80%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
10,491
Density / Sq Mi
$102,003
Median Household Income
$73,275
Median Earnings
$1,761
Median Rent
$599,500
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Two retail centers include national and regional tenants across an urban Houston setting.
Where is this strip mall located?
The property is located at 2501 Bagby Street Houston, TX.
What is the asking price?
The asking price for this property is $17,825,000.
What are key features of this property?
This property features: Two‑center strip mall property totaling 27,121 square feet; 93% leased across the property; National and regional tenant mix
More about this property
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