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    OFF-MARKET
    Retail properties & Spaces

    8705 Bellfort Ave, Houston, TX 77031

    51,400 SF Built 1983
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1983
    Total area 51,400 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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