8102 Antoine Dr Houston, TX 77088
- Lifestyle centers
- 31,995 SF
Current Use by Public Records
- Bogo Mattress Store / Furniture Store / Mattress Store
- 3Rooms Antoine / Furniture Store
- Inwood Central / Shopping Mall
- Centrum Health / Medical Clinic / General Practitioner
- Dairon Garcia Aguilera / Nurse Practitioner
Property Details for 8102 Antoine Dr
- Year built
- 1981
- Property size
- 31,995 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Antoine Plaza, a 31,995 square foot shopping center in Houston, TX, presents a compelling investment opportunity. This stabilized property boasts 100% occupancy with sixteen tenants, generating a strong net operating income (NOI) of $406,850 and a 6.26% cap rate. The asking price is $6,500,000, translating to $203.16 per square foot. Originally built in 1981, the property underwent significant renovations in 2015 and 2022, ensuring modern appeal for both tenants and customers. Its prime location at the highly visible, signalized intersection of Antoine Road and Bridge Forest Drive sees over 22,000 vehicles daily. The surrounding area features a diverse demographic with strong income levels (over $60,000 household income) and a substantial population of 330,000, promising continued growth and future value appreciation. The property's tenant mix is diverse, catering to the needs of the local community. This single-story building offers a rare opportunity to acquire a well-maintained, high-performing retail asset in a thriving Houston market. The property's strong performance and favorable location make it an ideal addition to any investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.4738
- Latitude
- 29.8861
