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Property profile & analytics
OFF-MARKET
Lifestyle centers

4904 Highway 6 Houston, TX 77084

15,350 SF 1.19 ac lot Built 1978
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 1978
Total area 15,350 SF
Lot 1.19 ac (51,836 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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