Newly Constructed Retail
For Sale
Contact for pricing
Pending
4145 Gessner Rd, Houston, TX 77043
Newly constructed retail center in Houston with an 8-year WALT and a stated 6.23% cap rate.
Property Size20,553 SF
Days on Market180
Property Features for 4145 Gessner Rd
General Information
Standard status
Pending
Size
20,553 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$695,720
Additional Details
Cap Rate
6.23%
Building Details
Year Built
2023
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Jason Fefer · License #CA 02100489
(310) 909-5500
Source:
Crexi
Added: Mar 11
Changed: Aug 23
Last Checked: Sep 1 at 9:40PM
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 - Los Angeles
Investment Insights
Based on property information with market context.
Located at 4145 Gessner Rd in Houston, Texas, this newly constructed retail center offers a total property size of 20,553 square feet.
The public remarks indicate an approximately 8-year weighted average lease term (WALT) and a stated 6.23% cap rate, providing insight into the current lease horizon and projected return as presented by the listing.
Ideal for buyers seeking a retail property with documented lease-term characteristics, this offering presents a built, stabilized asset profile consistent with the information provided.
The public remarks indicate an approximately 8-year weighted average lease term (WALT) and a stated 6.23% cap rate, providing insight into the current lease horizon and projected return as presented by the listing.
Ideal for buyers seeking a retail property with documented lease-term characteristics, this offering presents a built, stabilized asset profile consistent with the information provided.
Key Highlights
- Newly constructed retail center in Houston, TX
- 8‑year WALT
- Stated 6.23% cap rate
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77043, TX
26,281
Population
11,197
Households
2.3
Avg Household Size
36
Median Age
43%
College-Educated
84%
High-School Grad
14.2 sq mi
ZIP Area
1,851
Density / Sq Mi
$75,017
Median Household Income
$48,228
Median Earnings
$1,417
Median Rent
$382,800
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
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Similar Off Market Nearby
- Shops at Pinecrest — 4145 Gessner Rd, Houston, TX 77043
- Gessner Plaza — Houston, TX 77041
Frequently Asked Questions
What type of property is this?
Shopping center - Newly constructed retail center in Houston with an 8-year WALT and a stated 6.23% cap rate.
Where is this shopping center located?
The property is located at 4145 Gessner Rd Houston, TX.
What is the asking price?
The asking price for this property is $11,175,000.
What are key features of this property?
This property features: Newly constructed retail center in Houston, TX; 8‑year WALT; Stated 6.23% cap rate
