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Property profile & analytics
OFF-MARKET
Lifestyle centers

140 Farm To Market 1960 Rd Houston, TX 77073

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
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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