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    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 Atm Currency Exchange Service
    • 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
    2017
    2010
    2006
    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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