8650 Houston Rosslyn Rd Houston, TX 77088-6400
This 12,600 square foot retail strip center, built in 2002, is located at 8650 N Houston Rosslyn Rd, Houston, TX 77088. The property offers a prime location within the rapidly developing Near Northwest Oaks Submarket of Houston, benefiting from the spillover effect of the successful Inner Loop/Heights Submarket to the south. This area is experiencing significant gentrification, with communities like Acres Home and Independence Heights undergoing rapid transformation. Currently, one retail space of 1,000 square feet is available for lease. The property's multiple tenancy structure provides a diverse tenant mix, reflecting the growing demand in the area. The strategic location within the Near Northwest Oaks Submarket positions this retail center to capitalize on the increasing residential population and consumer spending. The property presents a compelling investment opportunity for businesses seeking to establish a presence in a thriving and dynamic market. The building's 2002 construction date suggests a relatively modern structure, potentially minimizing immediate capital expenditure needs. This retail space offers a chance to be part of a growing community and benefit from the ongoing revitalization of the surrounding neighborhoods. The property's size and location make it suitable for a variety of retail businesses seeking to serve the expanding local population.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.