140 Farm To Market 1960 Rd Houston, TX 77073
North Junction, a thriving retail center in Harris County, presents a unique investment opportunity. Strategically located at the high-traffic intersection of FM 1960 and I-45, this multi-tenant shopping center boasts a strong anchor tenant lineup, including PetSmart and Chuck E. Cheese. The center enjoys exceptional visibility and accessibility, benefiting from a combined daily traffic count exceeding 331,000 vehicles on FM 1960 and Interstate 45. Annual visitor data from Placer.ai indicates over 767,000 visits to the North Junction center annually, with Texas Roadhouse alone attracting over 455,000 visitors. This demonstrates significant consumer traffic and strong tenant performance. The property serves a substantial population base, with over 280,000 residents within a 5-mile radius, providing a large and readily accessible customer pool. This prime retail location offers excellent potential for sustained growth and profitability. The property is classified as a shopping center with multiple tenants. This presents a compelling opportunity for businesses seeking high visibility and a strong customer base in a densely populated area. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.