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    OFF-MARKET
    Retail properties & Spaces

    535 Airtex Blvd, Houston, TX 77090

    14,741 SF Built 2022
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14,741-square-foot storefront property, located at 535 W Airtex Blvd in Houston, Texas, presents a compelling investment opportunity. Built in 2022, this retail space boasts a 7.17% cap rate and a strong net operating income (NOI) of $353,705. Currently operating at 100% occupancy, the property offers significant potential for future growth. The asking price is $4,935,762. Situated on a substantial 63,872-square-foot lot, the property includes ample parking with 72 spaces, a key advantage in a high-traffic area. Its strategic location near FM 1960 and Bush Intercontinental Airport (IAH) ensures high visibility and accessibility. The surrounding area features dense residential demographics and significant new construction, including multifamily developments, further enhancing the property's value and potential. Less than a mile from I-45 freeway and a Tesla service center/charger, this property benefits from excellent transportation links and proximity to modern amenities. This new construction retail space represents a rare opportunity to acquire a high-performing asset in a thriving Houston market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2022
    Total area 14,741 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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