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Allendale Plaza Shopping Center
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5455 Allendale Rd, Houston, TX 77017

Small-format retail center near residential communities, multifamily housing, and industrial employment areas.

Property Size19,130 SF
Price / SF$143.75
Days on Market85

Property Features for 5455 Allendale Rd

General Information

Standard status Active
Size 19,130 SF
Property subtype Retail
Occupancy 100%
Investment Type Value Add
Net Operating Income $169,963

Additional Details

Highway Access Yes

Building Details

Year Built 2005
Units 7
Tenancy Multi
Listing Agency: Matthews
Listed By: Connor Olandt · License #CA 01985082
Source: Crexi
Added: Jun 9 Changed: Aug 30 Last Checked: Aug 30 at 6:12PM

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 Matthews

Investment Insights

Based on property information with market context.

Allendale Plaza is a 19,130-square-foot shopping center completed in 2005 at 5455 Allendale Road in Houston, Texas. The property offers a small-format retail configuration in the southeast Houston retail corridor, with surrounding single-family neighborhoods, multifamily housing, and industrial uses.

The center is near Interstate 45 and William P. Hobby Airport, providing access to major transportation routes and nearby employment areas. Its setting combines local residential activity with workforce-oriented demand from surrounding industrial properties. The property is positioned within the Greater Hobby Area and serves a neighborhood-oriented retail environment.

Key Highlights

  • 19,130‑square‑foot shopping center completed in 2005
  • Located at 5455 Allendale Road in Houston, TX 77017
  • Near Interstate 45 and William P. Hobby Airport

Property Analytics

Current Use

Savage fit extreme Gym & Fitness Center LATINOMED FAMILY CLINIC Medical Clinic Refresh airduct Conditioning ... (Bike/Boat/Book/etc) Store Nancy Beauty Salon ... Hair Salon Caesar's Hall Wedding Service

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Barber Shop Daycare Center

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 100%
La Michoacana Meat Market Groceries
9,986 visits/mo 0.2 miles

Demographics for 77017, TX

31,659
Population
11,281
Households
2.8
Avg Household Size
34
Median Age
10%
College-Educated
59%
High-School Grad
9.6 sq mi
ZIP Area
3,298
Density / Sq Mi
$53,750
Median Household Income
$32,771
Median Earnings
$1,049
Median Rent
$146,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Small-format retail center near residential communities, multifamily housing, and industrial employment areas.
Where is this shopping center located?
The property is located at 5455 Allendale Rd Houston, TX.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 19,130‑square‑foot shopping center completed in 2005; Located at 5455 Allendale Road in Houston, TX 77017; Near Interstate 45 and William P. Hobby Airport
More about this property
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