Retail Center in
5324 Atascocita Road Humble, TX 77346
For Sale
Contact for pricing
Pending
23,524 SF retail center in a high-traffic location.
Property Size23,524 SF
Days on Market139
Property Features for 5324 Atascocita Road
General Information
- Standard status
- Pending
- Size
- 23,524 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2005
Listing Agency:
AJ Elite Commercial
Listed By:
Hossein Farshchi · License #TX
Source:
Crexi
Added: Mar 9
Changed: Jul 6
Last Checked: Jul 24 at 6:45PM
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 AJ Elite Commercial
Investment Insights
Based on property information with market context.
The Center at Eagle's Nest is a 23,524 square foot retail center. It is centrally located in the Atascocita/Humble trade area. The center benefits from high visibility on Atascocita Road, a heavily traveled roadway. The property is located near the intersection of West Lake Houston Parkway, Will Clayton Parkway, and FM 1960, positioning it to serve the established neighborhood and high-growth communities.
Key Highlights
- High visibility from heavily traveled Atascocita Road.
- Centrally located in the affluent Atascocita/Humble trade area.
- 23,524 SF center.
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 | $423.4k | $18.00 |
| − Vacancy | −$24.1k | −$1.03 |
| EGI | $399.3k | $16.97 |
| − OpEx | −$119.8k | −$5.09 |
| NOI | $279.5k | $11.88 |
23,524 SF · lease $18.00/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.99M
$3.49M – $4.66M
NOI $279,507 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.42M
$5.62M – $7.49M
NOI $449,628 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Marsalas Italian Grill
Restaurant
Yes Fix Appliαnce
Home Appliance Store
Prism Financial Services
Insurance Agency
Big Boys Barbershop ...
Barber Shop
Similar Off Market Nearby
- Eagle Springs Shopping Center — 5444 Atascocita Road, Humble, TX 77346
- Crossroads Square — 2728, 5820 FM 1960, Humble, TX 77346
- Eagle Pointe — 5363 - 5383 Atascocita Road #321, Atascocita, TX 77346
FAQs
What type of property is this?
Shopping center - 23,524 SF retail center in a high-traffic location.
Where is this shopping center located?
The property is located at 5324 Atascocita Road Humble, TX.
What is the asking price?
The asking price for this property is $8,400,000.
What are key features of this property?
This property features: High visibility from heavily traveled Atascocita Road.; Centrally located in the affluent Atascocita/Humble trade area.; 23,524 SF center.
