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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11401 North Fwy Houston, TX 77060

46,175 SF 7.3 ac lot Built 1979
Property ID
US82-2197034
Property summary
AI-generated overview

Greenridge Commons offers a prime retail investment opportunity in Harris County, Texas. This established neighborhood shopping center boasts a total of 46,175 square feet across two single-story buildings, situated on a generous 7.3-acre lot. Currently, there are 11,235 square feet of vacant space available, offering flexible options ranging from 900 square feet to a maximum contiguous space of 7,075 square feet. The property features excellent freeway visibility at the intersection of 45 North Freeway and Fallbrook, enhanced by pylon signage opportunities. Built in 1979, the center provides ample parking with 55 spaces for customers and employees. The property is categorized as multi-tenant retail, with a subtype including bar usage, presenting a diverse range of potential uses for prospective tenants. The location provides convenient access for customers and excellent exposure to high traffic volumes. This is an exceptional opportunity to acquire a well-positioned retail center with significant potential for growth and return on investment. The property's size and layout offer flexibility for a variety of retail concepts, making it an attractive option for both established businesses and new ventures. The existing infrastructure and high visibility make this a truly compelling investment prospect.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1979
Total area 46,175 SF
Lot 7.3 ac (317,988 SF)
UPID US82-2197034
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
Current use
Occupant on record · Public records
  • ACE Cash Express Loan Service
  • MoneyGram Bank Credit Union
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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