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Shops on West Road 6324 West 9,750 SF 100% Leased Retail Building Houston, TX 77086 $4,050,000 ($415.38/SF) 6.26% Cap Rate
INVESTMENT HIGHLIGHTS
- Highly Traffic Corridor with 65K Average Vehicle Per Day
- 28,000 homes within a one mile radius
- New Construction with no deferred maintenance
- Sustainable in place rents that average $30 PSF
- 100% E-Commerce Resistant tenants
EXECUTIVE SUMMARY
PRIME Retail commercial property, ideally positioned on West Road just off highly trafficked Highway 249 in the heart of Northwest Houston’s rapidly expanding corridor.
Located in a thriving commercial area, this newly constructed multi tenant retail center offers visibility with high traffic exposure—nearly 65,000 vehicles pass by daily. The building features high quality constructed storefront and parking lot. The surrounding area features a robust mix of national and regional retailers, financial institutions, service providers, and densely populated residential communities. Notable nearby tenants include Starbucks, Wendys, McDonald's, Chipotle, Smo smoothie King, Dunkin’, AFC Urgent Care, Aspen Dental, Chick-fil-A, Panda Express, Walmart, Aldi, Kroger, and Pollo Campero, a many other national retailers. The center boasts 100% E-Commerce resistant tenants with a combination of beauty, restaurant and financial service tenant roster. The center is located off State Highway 249 offers direct access to Beltway 8 and highway 45 which connects the property to all major industries in the greater Houston area.
Located in a thriving commercial area, this newly constructed multi tenant retail center offers visibility with high traffic exposure—nearly 65,000 vehicles pass by daily. The building features high quality constructed storefront and parking lot. The surrounding area features a robust mix of national and regional retailers, financial institutions, service providers, and densely populated residential communities. Notable nearby tenants include Starbucks, Wendys, McDonald's, Chipotle, Smo smoothie King, Dunkin’, AFC Urgent Care, Aspen Dental, Chick-fil-A, Panda Express, Walmart, Aldi, Kroger, and Pollo Campero, a many other national retailers. The center boasts 100% E-Commerce resistant tenants with a combination of beauty, restaurant and financial service tenant roster. The center is located off State Highway 249 offers direct access to Beltway 8 and highway 45 which connects the property to all major industries in the greater Houston area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,750 SF
Building Class
B
Year Built
2024
Price
$4,050,000
Price Per SF
$415.38
Cap Rate
6.26%
NOI
$253,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.94 AC
Zoning
None
Frontage
158’ on West Road
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Monarca Beauty School
- Services
- -
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Monarca Beauty School | Services | - | - | Triple Net | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
WHITE BOX READY FOR MOVE IN
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,100 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 1,100 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 1,100 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
WHITE BOX READY FOR MOVE IN
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1258690010008 | Improvements Assessment | $309,980 |
| Land Assessment | $619,020 | Total Assessment | $929,000 |
PROPERTY TAXES
Parcel Number
1258690010008
Land Assessment
$619,020
Improvements Assessment
$309,980
Total Assessment
$929,000
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Shops on West Road | 6324 West
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