12850 Memorial Dr, Houston, TX 77024
Town & Country Village, a well-established retail power center in Houston, Texas, presents a unique investment opportunity. Located at 12850 Memorial Drive, 77024, in Harris County, this property boasts a total of 30,291 square feet across nine suites. Currently, there is significant vacancy totaling 28,331 square feet, offering substantial potential for new tenants. The minimum divisible space is 1,205 square feet, ideal for smaller businesses, while larger tenants can occupy up to 7,615 contiguous square feet. This versatile space caters to a range of retail needs. The property sits on a 0.02-acre lot and has been a successful retail destination in West Houston for over four decades, establishing a strong presence within the community. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking to establish or expand their presence in a thriving market. The property's long-standing success speaks to its strategic location and enduring appeal. This is an exceptional opportunity to acquire a significant retail presence in a high-traffic area of Houston.
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Alexis McCarty, REALTOR Real Estate Agency
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Chico's Clothing & Fashion Store
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francesca's Clothing & Fashion Store
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Williams-Sonoma (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
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Trudy's Hallmark Shop (Bike/Boat/Book/etc) Store Party Supply Store
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 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.