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Retail Space at Signalized Corner
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9292 Westheimer Rd, Houston, TX 77063

Signalized hard-corner retail location with full-movement access and strong visibility on a major east–west arterial.

Property Size14,616 SF
Price / SF$328.41
Days on Market3

Property Features for 9292 Westheimer Rd

General Information

Standard status Active
Size 14,616 SF
Property subtype RETAIL

Site & Location

Corner Location Yes
Road Access Yes
Listing Agency: Hunington Properties Inc.
Listed By: Sandy Aron · License #218898
Source: Moodyscre
Added: Jul 28 Changed: Jul 30 Last Checked: Jul 30 at 12:19AM

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 space offers an urban, inner-loop Houston setting at a signalized hard-corner intersection with excellent visibility and full-movement access. The property is positioned along a major east–west arterial comparable to Westheimer, with direct connectivity to Galleria, Uptown, and core employment centers.

The site is supported by strong daytime population from nearby office, medical, and service employment corridors, creating an all-day traffic profile that aligns well with common retail and food-service demand drivers. The configuration and site characteristics are also described as suitable for uses such as coffee, QSR, c-store, and medical, making it a practical fit for operators seeking a high-profile Houston address.

With a total size of 14,616 SF, the location is designed to serve as a flagship-style presence for suburban-based concepts looking for direct access, prominent corner exposure, and convenient connectivity within the employment core.

Key Highlights

  • 14,616 SF retail space
  • Signalized hard‑corner intersection with excellent visibility
  • Full‑movement access for all directions

Financial Insights For Specialty 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 $315.7k $21.60
− Vacancy −$15.8k −$1.08
EGI $299.9k $20.52
− OpEx −$75.0k −$5.13
NOI $224.9k $15.39
14,616 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$3.21M
$2.81M – $3.75M (±1% cap)
NOI $224,940 @ 7.0% cap · market cap 4.69%
Second Best
Retail
$2.83M
$2.48M – $3.30M (±1% cap)
NOI $198,187 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$3.76M
$3.29M – $4.38M (±1% cap)
NOI $263,088 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

CVS Pharmacy Pharmacy CVS Photo (Bike/Boat/Book/etc) Store Coinhub Bitcoin ATM ... Atm Nguyen Tran Pharmacy Crypto Dispensers | CDReload Shopping Center & Mall

Suggested Use

Top Pick Building Supply Real Estate Agency Storage Facility Kitchen & Bath Showroom Big Box & Wholesale Store Gym & Fitness 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
Paved road access

Location Intelligence

Trade Area within ½ mile

2,061
Businesses Nearby

Demographics for 77063, TX

38,298
Population
22,625
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,511
Density / Sq Mi
$54,509
Median Household Income
$40,346
Median Earnings
$1,334
Median Rent
$281,300
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
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Frequently Asked Questions

What type of property is this?
Retail space - Signalized hard-corner retail location with full-movement access and strong visibility on a major east–west arterial.
Where is this retail space located?
The property is located at 9292 Westheimer Rd Houston, TX.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 14,616 SF retail space; Signalized hard‑corner intersection with excellent visibility; Full‑movement access for all directions
(713) 623-6944 Call to check price and availability
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