4425 Fuqua St Houston, TX 77045-6205
- Commercial real estate
- 11,502 SF
- 1.16 lot acres
Current Use by Public Records
- Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service
- Foodarama Market / Bakery / Specialty Food Shop
- Western Union / Bank / Credit Union
- Southgate Shopping Center / Shopping Center & Mall
- Cell O Rama / Mobile Phone Store / Electronics & Wireless Store
Property Details for 4425 Fuqua St
- Year built
- 1965
- Construction
- STEEL FRAME
- Lot size
- 1.16 lot acres
- Property size
- 11,502 SF
- Property type
- Commercial real estate
- APN
- 150750000066
- APU
- 150750000066
Description
This exceptional 124,454 square foot shopping center, located at 4425 W Fuqua St, Houston, TX 77045, presents a compelling investment opportunity. Built in phases between 1964 and 1988, the property sits on a 12.24-acre lot and boasts 645 parking spaces. Currently operating at 95% occupancy, the center benefits from a prime location on a major thoroughfare in Southwest Houston, experiencing over 17,900 vehicles daily. A significant advantage lies in the current rental rates, which are approximately 31% below market value, offering substantial upside potential. The tenant roster includes a strong mix of local and national businesses. Notably, 37% of the rental income is derived from national tenants with an average tenure exceeding 19 years. One anchor tenant, Foodarama, is a top performer in its category, attracting approximately 1.5 million visitors annually. Another key tenant, CVS, ranks within the top 3% nationally for its performance. This well-positioned retail center offers a rare chance to acquire a high-performing asset with significant potential for rental growth in a thriving Houston submarket. The property's strong occupancy, established tenant base, and below-market rents combine to create a compelling investment proposition.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $450,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $831,000
Market price range: $670k - $2.33M
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Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.4451
- Latitude
- 29.613
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA