Retail Center with Medical
New
For Sale
$3,580,000
5115 Avenue H, Rosenberg, TX 77471
Four triple-net leases support a fully occupied center with customer parking and roadside signage.
Property Size12,502 SF
Lot Size1.43 Acres
Price / SF$286.35
Days on Market3
Property Features for 5115 Avenue H
General Information
Standard status
Active
Size
12,502 SF
Lot size
1.43 Acres
Property subtype
Shopping Strip
Occupancy
100%
Additional Details
Cap Rate
7.25%
Anchor Co-Tenants
UT Physicians
Amenities
100% OCCUPIED | TRIPLE-NET LEASES
UT PHYSICIANS ANCHOR | LEASE THROUGH MARCH 2031
PROMINENT PAD SITE | AVENUE H FRONTAGE
ESTABLISHED TENANCY | 81% LEASED INTO 2031
RESIDENTIAL DEVELOPMENT SUPPORTING FUTURE DEMAND
Building Details
Building Size
12,502 SF
Year Built
1990
Tenancy
Multi
Listing Agency:
Dallas Office
(972) 755-5200
Listed By:
Philip Levy · License #TX: 0522087-SA
(972) 755-5225
Source:
Marcusmillichap
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 20 at 5:11PM
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 Dallas Office
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Investment Insights
Based on property information with market context.
This 12,502-square-foot retail center was built in 1990 and is fully occupied. UT Physicians anchors the property, which has four triple-net leases; all tenants have remained since 2015–2017. Approximately 81 percent of the building is leased into 2031.
The center occupies a 1.43-acre pad in front of a larger shopping center, with frontage along Avenue H. Roadside signage and customer parking are also part of the property.
The center occupies a 1.43-acre pad in front of a larger shopping center, with frontage along Avenue H. Roadside signage and customer parking are also part of the property.
Key Highlights
- 12,502‑square‑foot retail center, built in 1990
- Fully occupied, with UT Physicians as the anchor tenant
- Four triple‑net leases; all tenants have occupied the property since 2015–2017
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,343
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,386,860
$3.4M
Cap Rate 7%
$2,419,186
$2.4M
Cap Rate 9%
$1,881,589
$1.9M
Market Conditions
NOI Build-Up for 12,502 SF
Gross rent
$256.5K $20.52/SF
− Vacancy
−$14.6K −$1.17/SF
EGI
$241.9K $19.35/SF
− OpEx
−$72.6K −$5.81/SF
NOI
$169.3K $13.55/SF
Area
Fort Bend County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,386,860
Cap Rate 7%
$2,419,186
Cap Rate 9%
$1,881,589
Alternative Uses
Best Use
Retail
$2.42M
$2.12M – $2.82M
NOI $169,343 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$155.74M
$136.28M – $181.70M
NOI $10,902,105 @ 7.0% cap · market cap 304.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
119k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 42%
Apparel 5%
Home Improvements & Furnishings 4%
dd's DISCOUNTS
Shops & Services
15,777 visits/mo
0.2 miles
Little Caesars Pizza
Dining
13,326 visits/mo
0.4 miles
Dollar Tree
Shops & Services
11,805 visits/mo
0.2 miles
Jack in the Box
Dining
11,677 visits/mo
0.1 miles
Burger King
Dining
9,948 visits/mo
0.2 miles
Demographics for 77471, TX
42,284
Population
17,618
Households
2.4
Avg Household Size
34
Median Age
22%
College-Educated
86%
High-School Grad
98.2 sq mi
ZIP Area
431
Density / Sq Mi
$71,018
Median Household Income
$39,349
Median Earnings
$1,320
Median Rent
$235,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Four triple-net leases support a fully occupied center with customer parking and roadside signage.
Where is this shopping center located?
The property is located at 5115 Avenue H Rosenberg, TX.
What is the asking price?
The asking price for this property is $3,580,000.
What are key features of this property?
This property features: 12,502‑square‑foot retail center, built in 1990; Fully occupied, with UT Physicians as the anchor tenant; Four triple‑net leases; all tenants have occupied the property since 2015–2017
