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Property profile & analytics
FOR LEASE
Community centers

5000 Westheimer Rd Houston, TX 77056

55,538 SF 11.56 ac lot Built 1995
Individually Owned 13-yr Hold Free & Clear
Property ID
US82-3532286
Property summary
AI-generated overview

The Centre at Post Oak, located at 5000 Westheimer Rd, Houston, TX 77056, presents a unique opportunity for retail and restaurant businesses. This Harris County property boasts a total of 184,040 square feet, offering multiple suites ranging from a minimum of 1,569 square feet to a maximum contiguous space of 17,971 square feet. Currently, there are four total suites within the building, with 31,511 square feet currently vacant. The property benefits from a generous 4.7 parking ratio, ensuring ample parking for customers and employees. Situated at a highly visible and desirable intersection in Houston, directly across from the Houston Galleria, this location offers unparalleled access to a substantial daytime population and exceptional demographics. The property is undergoing remerchandising efforts, including updated signage and landscaping, to enhance the consumer experience. This prime retail space is ideal for businesses seeking high visibility and a strong customer base in one of Houston's most prestigious areas. The property's strategic location and planned improvements make it an exceptional investment opportunity. Contact us today to learn more about leasing options and explore the potential of this remarkable retail center.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1995
Construction BRICK
Total area 55,538 SF
Lot 11.56 ac (503,371 SF)
APN 1182120010001
UPID US82-3532286
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
  • James Avery Artisan Jewelry (Bike/Boat/Book/etc) Store
  • Morton's The Steakhouse Restaurant
  • Sport Clips Haircuts of Post Oak Barber Shop
  • Lerant (Bike/Boat/Book/etc) Store
  • Follicle Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M
Owner & transaction history
Rlty Invtrs Weingarten · 13 yrs held
Rlty Invtrs Weingarten
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $1.4M +3.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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