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0 Nec Eldridge Pkwy & Memorial Dr Houston, TX 77079

OFF-MARKET Neighborhood centers Google Maps
13,084 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional retail opportunity is located at the northeast corner of Eldridge Parkway and Memorial Drive in Houston, Texas, within the highly desirable 77079 zip code. The Memorial Eldridge Center is a multi-tenant strip center offering a total of 13,084 square feet of retail space. Currently, there are three available spaces ranging in size from a minimum of 813 square feet to a maximum contiguous space of 2,200 square feet. A total of 4,063 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. The property is situated in Harris County, offering excellent visibility and accessibility due to its prime location at a major intersection. This makes it an ideal location for a variety of retail businesses seeking high foot traffic and convenient access for customers. The flexible space options allow for customization to suit diverse business needs. The property's strategic location within a thriving commercial area promises strong potential for growth and return on investment. Interested parties are encouraged to inquire about lease terms and availability for these exceptional retail spaces. The address is clearly visible from the major intersection, ensuring high visibility for any business occupying the space.

Property profile

Verified
Property type Neighborhood centers
Total area 13,084 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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