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Property profile & analytics
FOR LEASE
Strip malls

16121 N Eldridge Pkwy Tomball, TX 77377

19,936 SF 1.12 ac lot Built 2004
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US82-2896073
Property summary
AI-generated overview

This single-story, Class B medical office building, constructed in 2004, offers a prime retail space totaling 2,432 square feet. Currently, one suite is available for lease within a multi-tenant building. The property boasts excellent visibility and high daytime traffic, thanks to its strategic location. Multiple points of ingress and egress ensure convenient access for patients and staff. The building features ample parking with 68 spaces available. Its location in Harris County provides easy access to major thoroughfares, including Hwy 249 and Spring Cypress Road. The property benefits from its proximity to significant community centers, placing it within one mile of popular retailers such as Walmart, Kroger, Ross, Petco, and HEB. This diverse tenant mix creates a vibrant and thriving commercial environment. The building's design and location make it an ideal space for medical professionals seeking a high-traffic, easily accessible location with convenient parking. The available suite presents a unique opportunity for expansion or relocation within a well-established and successful commercial complex.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Construction STEEL FRAME
Total area 19,936 SF
Lot 1.12 ac (48,874 SF)
APN 1159970060056
UPID US82-2896073
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
  • Pristine Duct Cleaning Crew HVAC Service
  • Cypress Elite Dance Training Center
  • Print A Deal Marketing & Advertising Printing Service
  • Massage star Alternative Medicine Practice Spa & Massage Center
  • Iron Summit Fitness- 24 Hours Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hbp-north Eldridge LLC · 9 yrs held
Hbp-north Eldridge LLC
since 2016
1 recorded transaction
2016
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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