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Property profile & analytics
FOR LEASE
Strip malls

3820 Atascocita Rd Humble, TX 77396

69,054 SF 7.21 ac lot Built 2003
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-3729646
Property summary
AI-generated overview

This exceptional retail property, Atascocita Shopping Center, presents a unique leasing opportunity in the thriving Humble, Texas market. Located at 3820 Atascocita Road, 77396, this Harris County shopping center boasts a total of 96,104 square feet of retail space. Currently, a single, sizable suite encompassing 2,625 square feet is available for lease, presenting a fantastic chance for a business seeking a prominent location within an established center. The property's strategic placement in Humble offers excellent visibility and accessibility, ensuring high foot traffic and potential customer reach. The "Atascocita Shopping Center" designation provides immediate brand recognition and a sense of established community presence. This single-suite vacancy within a larger, well-maintained shopping center offers a turnkey solution for businesses looking to establish or expand their operations in a bustling area. The property's size and location make it ideal for a variety of retail uses, providing ample space for a diverse range of businesses to thrive. The property is classified as a commercial shopping center with multiple tenancies, indicating a vibrant and active retail environment. This is an exceptional opportunity to secure a prime retail space in a high-demand location. Interested parties are encouraged to inquire further to explore this promising investment.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Construction STEEL FRAME
Total area 69,054 SF
Lot 7.21 ac (314,224 SF)
APN 1240650010001
UPID US83-3729646
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
  • Kroger Grocery & Convenience Store Food Market
  • Kroger Floral (Bike/Boat/Book/etc) Store Florist
  • Coinstar Kiosk | Bitcoin ATM Currency Exchange Service Kiosk
  • Kroger Fuel Center Gas Station
  • KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
$916k
Blend (final) Blend
$655k
Owner & transaction history
Redwood Atascocita LLC · 15 yrs held
Redwood Atascocita LLC
since 2010
4 recorded transactions
2019
Price N/A
2017
Price N/A
2010
Price N/A
2006
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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