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Property profile & analytics
FOR LEASE
Strip malls

11501 Sam Houston E Pkwy Humble, TX 77396-4635

12,504 SF 2.1 ac lot Built 2008
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US82-2433506
Property summary
AI-generated overview

This exceptional Class A shopping center presents a compelling investment opportunity in Humble, Texas. The property boasts a 7.35% cap rate based on a strong in-place net operating income (NOI) of $497,172. Encompassing 22,540 square feet across two single-story buildings on a 2.09-acre lot, the center is 100% occupied by seven tenants under absolute NNN leases. These tenants are credit-rated, including franchisees and corporate guarantors, providing significant financial stability. The leases feature a 10-year remaining term with rent bumps and two 5-year lease options, ensuring long-term income growth. Built in 2014 and renovated in 2022, the property offers 115 parking spaces per 1,000 square feet, exceeding typical requirements. Its prime location on 11501 N Sam Houston Pkwy E in Harris County, zip code 77396, benefits from high visibility and traffic counts exceeding 78,000 average daily passing vehicles. The center is strategically positioned across the street from Generation Park, Houston's newest and largest commercial development, further enhancing its value and potential. The asking price is $6,764,245, translating to $300.10 per square foot. This is a rare opportunity to acquire a stable, high-performing retail investment with significant upside potential in a rapidly growing market. The property is 100% internet resilient.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Construction CONCRETE BLOCKS
Total area 12,504 SF
Lot 2.1 ac (91,463 SF)
APN 1275960020001
UPID US82-2433506
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
  • Escape It Houston Arcade & Gaming Center
  • Evolve Orthodontics Dental Office
  • Lakeshore Medical Group Medical Clinic Hospital
  • Pearl Dentistry - Humble Dental Office
  • Black Gloss Event Venue Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k
Owner & transaction history
Eric M White · 8 yrs held
Eric M White
since 2018
5 recorded transactions
2025
Price N/A
2018
Price N/A
2018
Price N/A
2014
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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