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    8244 Antoine Dr Houston, TX 77088

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Retail Center, Multiple Units, Harris County

    Lot size:
    22,634 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    404
    Antoine Plaza offers exceptional retail space in a high-traffic location within Harris County. This multi-tenant property boasts a total of 22,634 square feet, with seven individual units currently available, ranging from 1,460 to 2,800 square feet. The building enjoys a highly visible hard corner location, featuring approximately 258 linear feet of frontage on Antoine Drive and 185 linear feet on Windsor Forest Drive. A dedicated bus stop is situated directly on the property, ensuring excellent public transportation access. The property also benefits from prominent pylon signage, enhancing visibility and brand recognition. Four convenient drive cuts provide easy access for customers and employees. Ample parking is available, making it convenient for patrons and staff. The building is move-in ready, eliminating the need for extensive renovations. Its strategic location at the intersection of Antoine Drive and Windsor Forest Road offers unparalleled accessibility. The property's proximity to major thoroughfares is a significant advantage: approximately 1.6 miles from SH 249, 4.3 miles from I-45 and SH 290, 5.6 miles from BW8/Sam Houston Tollway, and 7.2 miles from I-610. This prime location is ideal for a variety of professional services, beauty services, medical practices, dental offices, and restaurants. The property's features and location make it an attractive opportunity for businesses seeking high visibility and convenient access.

    Property Features for 8244 Antoine Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,634 SF
    Total Rate
    22634

    Unit(s) available at that property

    Space
    Ste B
    Size
    1,500 SF
    Rate per SF
    $12
    Space
    Ste J
    Size
    1,800 SF
    Rate per SF
    $12
    Space
    Ste S
    Size
    2,300 SF
    Rate per SF
    $12
    Space
    Ste L
    Size
    2,103 SF
    Rate per SF
    $12
    Space
    Ste T
    Size
    1,460 SF
    Rate per SF
    $12
    Space
    Ste E
    Size
    2,800 SF
    Rate per SF
    $12
    Space
    Ste W
    Size
    2,756 SF
    Rate per SF
    $15

    We can help!

    Listing Contact
    Danny Nguyen, CCIM
    Danny Nguyen, CCIM

    Learn more

    Property Insight Report

    HighLights

    • 22,634 SF retail center in Harris County.
    • Seven available spaces ranging from 1,460 to 2,800 SF.
    • High‑visibility corner lot with over 443 feet of frontage on Antoine Dr and Windsor Forest Dr, including a dedicated bus stop and pylon signage.
    • Excellent access with four drive cuts and ample parking.
    • Convenient location near major roadways including SH 249, I‑45, SH 290, BW8/Sam Houston Tollway, and I‑610.
    • Ideal for professional services, beauty services, medical, dental, and restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Safety First Driving ... Driving School Pro Hair & Nail Beauty Salon Inwood Aquarium Tropical Fish Store Limitless tattoo studio Tattoo Shop ATM (Lucky Stop ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.476371
    Latitude
    29.88947248

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    FAQs

    What type of property is this?
    Medical office - Prime Retail Center, Multiple Units, Harris County
    Where is this medical office located?
    The property is located at 8244 Antoine Dr Houston, TX.
    What is the lease rate?
    The lease rate is $12-$15 SF/Yr.
    What are key features of this property?
    This property features: 22,634 SF retail center in Harris County.; Seven available spaces ranging from 1,460 to 2,800 SF.; High-visibility corner lot with over 443 feet of frontage on Antoine Dr and Windsor Forest Dr, including a dedicated bus stop and pylon signage.
    Request Owner's contact information
    8244 Antoine Dr Houston, TX 77088
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    8244 Antoine Dr Houston, TX 77088
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    We can help!
    Listing Contact
    Danny Nguyen, CCIM
    Danny Nguyen, CCIM
    Real Estate License ID: TX
    Learn more
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