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Property profile & analytics
OFF-MARKET
Lifestyle centers

5313-5407 Bellaire Blvd Bellaire, TX 77401

70,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 70,000 square foot retail shopping center, located at 5313-5407 Bellaire Blvd in Bellaire, Texas (zip code 77401), presents a unique investment opportunity. Currently undergoing a multi-phase renovation, the property boasts 9 total suites, with 8 available for lease. Suite sizes range from a minimum of 1,425 square feet to a maximum contiguous space of 6,944 square feet, offering flexibility for a variety of retail tenants. A significant 29,066 square feet is currently vacant. The renovation project is restoring original architectural features, including exposed steel columns and brick parapet walls, incorporating bright colors and public art installations to create a vibrant atmosphere. A key element of the renovation is the restoration of the open-air arcade between the two main buildings, featuring comfortable seating and abundant natural light, designed to be a welcoming space for families and shoppers. The property, situated in Harris County, was originally built in 1959 and has undergone renovations. This prime Bellaire location offers high visibility and accessibility, making it an ideal investment for discerning retail businesses seeking a unique and revitalized space.

Property profile
Verified
Property type Lifestyle centers
Total area 70,000 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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