11501 Sam Houston Pkwy, Humble, TX 77396
22,540 SF | 100% Leased | Retail Building | Humble, TX 77396 | $6,764,245 ($300/SF) | 7.35% Cap Rate
For Sale
Active
Asking Price $6,764,245
- Property Type
-
Retail
- Square Feet
- 22,540 SF
- Price / Square Foot
- $300
Listing Contacts
- Property Info
Property Overview
22,540 SF neighborhood retail center with in-place rents and all tenants on triple-net leases. David Fisher, CCIM has been retained on an exclusive basis and is pleased to present the opportunity to acquire Summer Creek Plaza, a 100% occupied. Significant upgrades completed in 2022 with new TPO roof.
Property Details
- Class
- B
- Year Built/Renovated
- 2009/2022
- Stories
- 1
- Property Subtype
- Storefront, Showroom, Storefront Retail/Residential, Medical
- Lot Size (sq. ft)
- 91,040 SF
Highlights
- Secure Income Stream from a Diverse Tenant Mix
- 100% *Passive Leased Investment (Buyer's Option to retain current inhouse property management). Long Term, Below Market Rents
- Multi-Store Tenants with 7 & 10-Years Remaining Term - Credit Tenants (Regional)
- Prime Retail Trade Area - Adjacent to Generation Park, Houston's Newest and Largest Commercial Development on 4,200+ Acres
- Internet Resilient - Staggered Leases - Fastest Growing Zip Code - Significant Upgrades in 2022 (Expensive TPO Roof System!)
- 100% Location - Maximum Exposure from Beltway 8 Over 78,000 APD
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