12900 Willow Chase Dr, Houston, TX 77070
For Lease
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Willowchase Shopping Center presents a unique investment opportunity in the thriving Northwest Houston submarket, specifically the Willowbrook area. This established, 273,230 square foot, grocery-anchored lifestyle center boasts a dominant position at the signalized intersection of US 249 and FM 1960, benefiting from exceptional visibility and accessibility. The property features three single-story buildings, constructed in 1984 and extensively renovated in 2017. A significant anchor tenant is a 93,000 square foot Fiesta grocery store, consistently ranking among the top performers in the Houston market. The center offers multiple tenancy options, with a minimum divisible space of 1,644 square feet and a maximum contiguous space of 3,220 square feet. Currently, there is 6,939 square feet of vacant space available. Convenient access is provided by multiple curb cuts on US 249 (121,400 vehicles per day), FM 1960 Access Road (50,000 vehicles per day), and Willow Chase Drive. Ample parking is available, with a ratio of 5.11 spaces per 1,000 square feet. Further enhancing its appeal, two pad sites facing FM 1960 are slated for completion in 2025, presenting additional development potential. This property offers a compelling blend of established tenancy, high traffic counts, and future expansion possibilities, making it an ideal investment for discerning buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.