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Property profile & analytics
OFF-MARKET
Neighborhood centers

23741 Us-59 Porter, TX 77365

95,832 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at the high-traffic intersection of Hwy 59 and FM 1314 in Montgomery County. The Porterwood Shopping Center boasts a prime location with excellent visibility and signage opportunities along major thoroughfares. This thriving area is experiencing significant growth, surrounded by over 45,000 homes within a 5-mile radius, ensuring a strong customer base. The property comprises a 95,832 square foot strip center with two suites. Currently, approximately 2,400 square feet of end-cap space is available for lease, including a tenant improvement allowance. Additionally, a 2.2-acre pad site is available for ground lease, presenting a unique opportunity for development. The property offers convenient ingress and egress access from both Hwy 59 and FM 1314, maximizing exposure and accessibility for businesses. This is an ideal location for retailers seeking high visibility and a strong customer base in a rapidly growing market. The property features no elevators. Don't miss this chance to secure a prominent position in a highly desirable retail center.

Property profile
Verified
Property type Neighborhood centers
Total area 95,832 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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