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16623 Fm 529 Rd Houston, TX 77095

OFF-MARKET Retail properties & Spaces Google Maps
28,000 SF Built 2024
Estimated value
No estimation on file for this property yet.
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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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