13734 Tx-249 Houston, TX 77086
- Lifestyle centers
- 12,124 SF
- 0.71 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 13734 Tx-249
- Year built
- 2007
- Lot size
- 0.71 lot acres
- Property size
- 12,124 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This 12,124 square foot shopping center in Houston, Texas, presents a compelling investment opportunity. Located at 13734 TX-249, Harris County, 77086, this multi-tenant property boasts six tenants with 79% occupancy. Built in 2007 on a 0.71-acre lot, it offers 36 parking spaces. The property benefits from a prime location on State Highway 249, experiencing an average daily traffic count of approximately 47,553 vehicles. Its strong visibility is enhanced by a large, double-sided pylon sign. The surrounding area demonstrates attractive demographics, with over 335,000 people and 112,984 households within a 5-mile radius, enjoying an average household income of $81,400. Synergistic neighboring businesses include Aldi, Walgreens, Burger King, Jack in the Box, Taco Bell, Bank of America, and six hotels all within a one-mile radius. Priced at $1,695,000 ($140/sq ft), this property offers a value-add opportunity through lease adjustments to market rates and long-term lease agreements. The property's location and strong tenant mix provide a solid foundation for future growth and income generation.
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
- -95.4955
- Latitude
- 29.9221
