Property summary
This exceptional 27,226-square-foot retail storefront, located at 7911 Farm to Market 1960 Rd W in Houston, Texas, presents a compelling investment opportunity. Built in 1995, this single-story building sits on a 1.7-acre lot and boasts 100% occupancy. Strategically positioned at the hard corner of FM 1960 and Highway 249, the property benefits from exceptionally high traffic volume, with nearly 175,000 vehicles passing daily. The surrounding area demonstrates significant population growth, experiencing a nearly 23% increase since 2010 within a one-mile radius. This strong demographic base is further enhanced by the presence of national tenants occupying 29% of the center, exhibiting an impressive average tenure exceeding 29 years. The property offers below-market rents, making it an attractive acquisition for investors seeking a strong return on investment in a high-growth market. The property's location in Harris County, zip code 77064, provides easy access to major transportation arteries and a thriving consumer base. This is a rare opportunity to acquire a well-established retail center in a prime Northwest Houston location.
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6 recent transactions · within 1.5 miComparable in this City
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