15919 S Post Oak Rd Houston, TX 77053

This exceptional 10,052-square-foot shopping center, situated on a 1.12-acre lot at 15919 S Post Oak Rd, Houston, TX 77053, presents a compelling investment opportunity. The Class C property, built in 1987 and renovated in 2002, boasts a single, one-story building with a multi-tenant occupancy currently at 100%. The property features a Net Net Net (NNN) lease structure with a remaining lease term of two years. The asking price is $1,800,000, translating to $179.07 per square foot. The property generates a strong net operating income (NOI) of $144,820. Benefiting from its location in a high-traffic area on S Post Oak Rd, near Beltway 8, this retail center enjoys excellent visibility and serves a robust demographic, with a population of 31,115 and an average household income exceeding $52,800 within the 77053 zip code. Recent improvements include a new roof installed in March 2023. The property is offered fee simple and is identified by APN 6250-01-000-0102-907. Annual gross rents total $178,200, with property taxes at $15,709 and property insurance at $11,371. This is a prime retail opportunity not to be missed.