535 Airtex Blvd Houston, TX 77090
- Retail properties
- 14,741 SF
Current Use by Public Records
- Retail properties
Property Details for 535 Airtex Blvd
- Year built
- 2022
- Property size
- 14,741 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.4334
- Latitude
- 29.983
