We are pleased to present an exceptional opportunity to acquire a well-established multi-tenant retail center in one of Memorial Drive's most sought-after areas. This vibrant retail hub features a diverse lineup of reputable tenants, including the beloved Baskin Robbins and Kumon, and has been a cornerstone of the community for many years. This property represents a unique investment opportunity in a high-demand area with long-term stability and growth potential. Whether you are an investor seeking a reliable income stream or a developer looking to capitalize on a prime location, this retail center stands out as a premier choice.
Prime Location: Situated in a highly desirable area with high-income demographics, this center benefits from its proximity to major highways and its appeal to family-oriented living. Its strategic location ensures excellent visibility and accessibility, making it a focal point for both local residents and passing traffic.
Established Tenants: The center boasts a total of 8 tenants, including well-known brands such as Baskin Robbins, which has a long-standing presence and strong community ties. All leases are structured as NNN (Triple Net) with personal guarantees, ensuring stable and predictable income with minimal landlord responsibilities.
Recent Renovations: In 2022, the property underwent significant renovations, enhancing its appeal and functionality. The modern updates ensure the center remains competitive and attractive to both tenants and customers.
Walkability and Convenience: The center's design promotes walkability, making it a convenient destination for neighborhood residents. Its layout serves not only the immediate community but also draws in visitors from nearby areas.
Signage and Visibility: With two prominent signage locations—one for Baskin Robbins on the pad site and another for the remaining tenants—this property offers exceptional visibility and branding opportunities.
Building Features: The center is comprised of two buildings, including a pad site that adds flexibility and additional value. The layout effectively accommodates a variety of retail and service-oriented businesses, catering to diverse customer needs.
What is the building size of this Retail property in Houston, TX?
The size of the building/unit at 14501 Memorial Drive in Houston is 10,572 square feet
How much land does the Houston, TX property at 14501 Memorial Drive include?
14501 Memorial Drive in Houston includes 0.675 acres of land
What kind of Retail is the property at 14501 Memorial Drive?
The property at 14501 Memorial Drive Houston, TX 77079 is listed as a Shopping Center Retail property
What is the population within 1 mile of 14501 Memorial Drive in Houston?
The population within 1 mile of 14501 Memorial Drive Houston, TX 77079 is 19,137 people.
Who do I contact for questions about 14501 Memorial Drive?
You should contact the listing agent,
Sepi Akhavi, for any details regarding this commercial listing.