Grocery Anchored Retail Center For
For Sale
Contact for pricing
5700 S Gessner Rd, Houston, TX
Grocery anchored retail center with below market rents.
Property Size80,527 SF
Lot Size5.78 Acres
Price / SF$158.33
Days on Market328
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.
Listed By:
Sandy Aron · License #218898
(713) 623-6944
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Oct 4
Last Checked: Oct 16 at 11:57AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,091,915
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,838,300
$21.8M
Cap Rate 7%
$15,598,786
$15.6M
Cap Rate 9%
$12,132,389
$12.1M
Market Conditions
NOI Build-Up for 80,527 SF
Gross rent
$1.65M $20.52/SF
− Vacancy
−$92.5K −$1.15/SF
EGI
$1.56M $19.37/SF
− OpEx
−$468.0K −$5.81/SF
NOI
$1.09M $13.56/SF
Area
Houston, TX
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,838,300
Cap Rate 7%
$15,598,786
Cap Rate 9%
$12,132,389
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,562
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Houston, TX
Similar Off Market Nearby
- Century Square 世纪廣場 — 6515 Corporate Dr, Houston, TX 77036
- Yun-Lu Center — 9630 Clarewood Dr, Houston, TX 77036
- Town Park Plaza — 6000 S Gessner Rd, Houston, TX 77036
- Good Luck Square 好運廣塲 — 5880 Ranchester Dr, Houston, TX 77036
- Harwin at Ranchester Center — 5757 Ranchester Dr, Houston, TX 77036
Frequently Asked Questions
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
