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    2929 Navigation Blvd Houston, TX 77003

    For Lease
    Contact for pricing

    Prime Houston Retail, Multiple Suites Available

    Lot size:
    18,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Navigation Place, located at 2929 Navigation Blvd in Houston, Texas (zip code 77003), offers exceptional retail space in a thriving East Downtown location. This newly constructed property boasts a total of 18,300 square feet, divided into six suites. Individual spaces range from a minimum of 1,200 square feet to a maximum contiguous space of 6,000 square feet, providing flexibility for various business needs. The property is situated within Harris County, in an established retail area already popular with restaurants and service providers. The addition of new businesses continues to enhance the area's appeal. Significant growth is evident with surrounding new multifamily and single-family residential construction, as well as multiple mixed-use developments. This prime location offers excellent visibility and accessibility, making it an ideal opportunity for businesses seeking a vibrant and expanding market. The property's multiple tenancy structure allows for diverse businesses to coexist and benefit from shared foot traffic. This is a rare opportunity to secure retail space in a rapidly developing and highly desirable area of Houston.

    Property Features for 2929 Navigation Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,300 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,240 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stellar Bank East ... Bank Roostar Vietnamese Restaurant Eduardo Montero Fernandez Dentist Gatsby's Grill American Restaurant Navigation Place Shopping Mall

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.341
    Latitude
    29.75695

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    FAQs

    What type of property is this?
    Restaurant - Prime Houston Retail, Multiple Suites Available
    Where is this restaurant located?
    The property is located at 2929 Navigation Blvd Houston, TX.
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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
    2929 Navigation Blvd Houston, TX 77003
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