8705 Bellfort Ave Houston, TX 77031
- Retail properties
- 51,400 SF
Current Use by Public Records
- Retail properties
Property Details for 8705 Bellfort Ave
- Year built
- 1983
- Property size
- 51,400 SF
- Property type
- Retail properties
Description
This exceptional multi-tenant retail investment opportunity, located at 8705 W Bellfort Ave in Houston, Texas, offers 51,400 square feet on a 189,834 square foot lot. The property, built in 1983, boasts a strong tenant lineup anchored by Dollar Tree, featuring a diverse mix of retail, food, service, and medical businesses, making it highly resistant to online competition. Its prime location at the signalized intersection of W Bellfort Ave and S Gessner Rd provides incredible visibility and accessibility, with exposure to over 36,000 vehicles daily and multiple ingress/egress points. The center benefits from a robust trade area with excellent demographics, including a population exceeding 449,300 and over 177,000 housing units within a 5-mile radius. The asking price is $11,300,000, representing a compelling 6.50% capitalization rate. This is a NNN lease with fifteen tenants. The property presents a rare opportunity to acquire a well-established, high-performing retail center in a thriving Houston market.
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
- -95.546
- Latitude
- 29.6558
