4904 Highway 6 Houston, TX 77084
This exceptional Houston retail investment opportunity presents a 15,350 square foot shopping center, boasting 100% occupancy and a strong NOI of $241,327. The property, situated on 1.19 acres at 4904 Hwy 6 N, Houston, TX 77084, comprises nine units within a single, one-story building constructed in 1978. Currently operating under a NNN lease structure, this stabilized investment offers a compelling 6.03% cap rate at an asking price of $4,000,000 ($260.59/sq ft). Located in the thriving Addicks area, the property benefits from its proximity to George Bush Park, West Houston Airport, and a variety of dining establishments. The property's prime location and diverse tenant mix ensure consistent income and long-term growth potential. This well-maintained asset is ready for immediate income generation, making it an ideal addition to any investor's portfolio. The property is zoned for commercial use and offers versatile space suitable for a variety of retail endeavors. This is a rare opportunity to acquire a high-performing retail center in a desirable Houston location.
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.