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    12900 Willow Chase Dr Houston, TX 77070

    For Lease
    $20 SF/Yr

    Fiesta-anchored retail center, high traffic area.

    Lot size:
    273,230 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    Willowchase Shopping Center presents a unique investment opportunity in the thriving Northwest Houston submarket, specifically the Willowbrook area. This established, 273,230 square foot, grocery-anchored lifestyle center boasts a dominant position at the signalized intersection of US 249 and FM 1960, benefiting from exceptional visibility and accessibility. The property features three single-story buildings, constructed in 1984 and extensively renovated in 2017. A significant anchor tenant is a 93,000 square foot Fiesta grocery store, consistently ranking among the top performers in the Houston market. The center offers multiple tenancy options, with a minimum divisible space of 1,644 square feet and a maximum contiguous space of 3,220 square feet. Currently, there is 6,939 square feet of vacant space available. Convenient access is provided by multiple curb cuts on US 249 (121,400 vehicles per day), FM 1960 Access Road (50,000 vehicles per day), and Willow Chase Drive. Ample parking is available, with a ratio of 5.11 spaces per 1,000 square feet. Further enhancing its appeal, two pad sites facing FM 1960 are slated for completion in 2025, presenting additional development potential. This property offers a compelling blend of established tenancy, high traffic counts, and future expansion possibilities, making it an ideal investment for discerning buyers.

    Property Features for 12900 Willow Chase Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    273,230 SF
    Total Rate
    455383.33

    Building Details

    Year Built/Renovated
    1984/2017
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 927
    Size
    2,075 SF
    Rate per SF
    $20
    Space
    Pad 1
    Size
    1 SF
    Space
    Pad 2
    Size
    1 SF
    Space
    Suite 926
    Size
    3,220 SF
    Rate per SF
    $20

    HighLights

    • Retail power center totaling 273,230 square feet.
    • Grocery‑anchored center with a 93,000 SF Fiesta supermarket, a top performer in the Houston market.
    • Located at the signalized intersection of US 249 (121,400 VPD) and FM 1960 (50,000 VPD) in the Willowbrook submarket of Northwest Houston.
    • Multiple buildings (3) totaling 273,230 SF, with 1‑story construction, built in 1984 and renovated in 2017.
    • Offers 6,939 SF of vacant space, with minimum divisible space of 1,644 SF and maximum contiguous space of 3,220 SF.
    • Features ample parking (5.11 spaces per 1,000 square feet) and excellent access via multiple curb cuts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.55089246874
    Latitude
    29.961133110144

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    FAQs

    What type of property is this?
    Retail property - Fiesta-anchored retail center, high traffic area.
    Where is this retail property located?
    The property is located at 12900 Willow Chase Dr Houston, TX.
    What is the lease rate?
    The lease rate is $0.00-$20 SF/Yr.
    What are key features of this property?
    This property features: Retail power center totaling 273,230 square feet.; Grocery-anchored center with a 93,000 SF Fiesta supermarket, a top performer in the Houston market.; Located at the signalized intersection of US 249 (121,400 VPD) and FM 1960 (50,000 VPD) in the Willowbrook submarket of Northwest Houston.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12900 Willow Chase Dr Houston, TX 77070
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