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    Property profile & analytics
    OFF-MARKET
    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
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Eric M White · 8 yrs held
    Eric M White
    since 2018
    5 recorded transactions
    2025
    2018
    2018
    2014
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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