16623 Fm 529 Rd, Houston, TX 77095
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.