5313-5407 Bellaire Blvd Bellaire, TX 77401
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.
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.