Grocery Anchored Retail Center For
5700 S Gessner Rd Houston, TX
5700 S Gessner Rd, Houston, TX, 00000
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For Sale
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Grocery anchored retail center with below market rents.
Property Size80,527 SF
Lot Size5.78 Acres
Price / SF$158.33
Days on Market237
Property Features for 5700 S Gessner Rd
General Information
- Standard status
- Active
- Size
- 80,527 SF
- Lot size
- 5.78 Acres
- Property subtype
- RETAIL
Listing Agency
Hunington Properties Inc.
(713) 623-6944
Listed by
Sandy Aron · License #TX 531445
(713) 623-6944
Source
Moodyscre
Added: Nov 23, 2025 Checked: Jul 17 at 4:53 am
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 Hunington Properties Inc.
Investment Insights
Based on property information with market context.
This retail center is anchored by a grocery store with a long-term lease. The property benefits from a high-traffic, signalized intersection. A new roof has been installed on the retail center, excluding the anchor tenant and pad site. The property features below-market rents. The property size is 80,527 square feet.
Key Highlights
- Grocery anchored center with long term lease
- High traffic signalized intersection
- Below market rents
Local 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 | $1.65M | $20.52 |
| − Vacancy | −$92.5k | −$1.15 |
| EGI | $1.56M | $19.37 |
| − OpEx | −$468.0k | −$5.81 |
| NOI | $1.09M | $13.56 |
80,527 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$17.70M
$15.49M – $20.66M
NOI $1,239,311 @ 7.0% cap · market cap 9.72%
Second Best
Retail
$15.60M
$13.65M – $18.20M
NOI $1,091,915 @ 7.0% cap · market cap 8.56%
Theoretical Best
Office A
$20.71M
$18.12M – $24.16M
NOI $1,449,486 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Encanto Dorado
(Bike/Boat/Book/etc) Store
FM Nail Spa
Nail Salon
Texaco Houston
Gas Station
Harwin Tax Center
Tax Preparation
La Sultana Liquor ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Woodlake Square — 9600 Westheimer Rd, Houston, TX 77063
FAQs
What type of property is this?
Shopping center - Grocery anchored retail center with below market rents.
Where is this shopping center located?
The property is located at 5700 S Gessner Rd Houston, TX.
What is the asking price?
The asking price for this property is $12,750,000.
What are key features of this property?
This property features: Grocery anchored center with long term lease; High traffic signalized intersection; Below market rents
