Property summary
This exceptional retail opportunity, known as the Cougar Den, is located at 4701 Martin Luther King Blvd in Houston, Harris County, Texas, 77004. The property offers multiple spaces available, ranging from 1,343 square feet to 2,343 square feet, ideal for a variety of retail or restaurant uses. Its strategic location directly across from the University of Houston campus provides unparalleled access to a substantial and diverse customer base. The immediate vicinity includes the 984-bed University Lofts dormitory and the new Law School, ensuring a constant flow of students, faculty, staff, alumni, and visitors. This translates to a potential customer base exceeding 40,000 individuals. The University of Houston is experiencing significant growth, with a planned investment of $233 million in campus improvements. This includes a doubling of dormitory capacity to accommodate 11,000 students within the next five years, and an overall enrollment increase from 36,000 to 45,000 over the next decade. This expansion promises sustained and increasing foot traffic for businesses located at the Cougar Den, making it a highly attractive investment opportunity with exceptional long-term growth potential. The property's prime location and the University's ambitious expansion plans create a unique opportunity for businesses seeking to capitalize on a thriving and expanding market.
Property profile
VerifiedCap rate & NOI
Current use
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High School
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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