7645 Park Pl Blvd Houston, TX 77087

Listing agency Independence Real Estate, Inc. e***@independencerealestateinc.com Show Phone

Listed by ARMANDA ROMERO · License #TX 747797

Source Crexi

Added: Apr 11 Updated: Jul 21 at 6:52PM Checked: Jul 21 at 6:52PM

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Investment Insights

Based on property information with market context.

This multi-tenant retail shopping center is situated on a 0.67-acre lot and includes an 8,791-square-foot building currently leased to six different tenants under long-term leases. The property is reported as 100% occupied.

The site offers 225 feet of frontage on Park Place Blvd, identified in the remarks as a highly traveled street. The location is described as convenient to I-45 South, Monroe Road, Telephone Road, and the 610 Loop, supporting a retail mix that benefits from strong regional access.

For sale as an investment-oriented offering, the property is marketed with a stated 9.50% cap rate.

Key Highlights

• Multi‑tenant retail building totaling 8,791 SF currently leased to 6 different tenants with long‑term leases
• 100% occupied and 9.50% cap rate noted for the property
• 0.67‑acre lot with 225 ft of frontage on Park Place Blvd in Houston, TX 77078

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FAQs

What type of property is this?

Retail space - Multi-tenant retail building on a 0.67-acre lot with 225 feet of frontage on Park Place Blvd.

Where is this retail space located?

The property is located at 7645 Park Pl Blvd Houston, TX.

What are key features of this property?

This property features: Multi‑tenant retail building totaling 8,791 SF currently leased to 6 different tenants with long‑term leases; 100% occupied and 9.50% cap rate noted for the property; 0.67‑acre lot with 225 ft of frontage on Park Place Blvd in Houston, TX 77078