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    OFF-MARKET
    Retail properties & Spaces

    16623 Fm 529 Rd, Houston, TX 77095

    28,000 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    PHANLAC PLAZA, a Class A, newly constructed (2024) retail center in Northwest Houston, offers exceptional leasing opportunities. This 28,000 square foot mixed-use property, situated on FM 529 and Hwy-6, boasts 28 individual suites across four single-story buildings. Currently, 8,000 square feet are already leased, demonstrating strong market demand. The property features a total of 116 parking spaces, ensuring ample convenience for tenants and their customers. Flexible space options are available, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 7,000 square feet, catering to a variety of business needs. The property's diverse tenant mix includes medical, office, and retail uses, creating a vibrant and synergistic environment. With 20,000 square feet of immediately available space, this is a prime opportunity to secure a prominent location in a thriving Northwest Houston commercial corridor. Don't miss out on this chance to establish your business in this rapidly leasing, high-demand property. Contact us today to learn more about the available spaces and secure your place in PHANLAC PLAZA.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 28,000 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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