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Alliance Retail Center - Houston, TX 13734 State Highway 249 12,400 SF 100% Leased Retail Building Houston, TX 77086 $3,955,258 CAD ($318.97 CAD/SF) 7.04% Cap Rate
Investment Highlights
- Positioned along State Highway 249, a major northwest Houston corridor with strong visibility and accessibility.
- Currently 67% occupied with 2 vacant units, offering immediate upside through lease-up.
- Built in 2007 with no known deferred maintenance, reducing near-term capital needs.
- Benefits from significant frontage and daily traffic, enhancing tenant visibility and customer access.
- Ideal for investors seeking to grow NOI through active leasing and operational improvements.
- 6 total units comprising 12,400 SF of leasable space.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 12,400 SF Alliance Retail Center located at 13734 State Highway 249 in Houston, TX. This property offers a well-maintained, turn-key retail investment opportunity with strong local demographics and excellent visibility along a major thoroughfare in Houston. Situated on 0.71 acres with an efficient site layout, the asset provides income growth potential through the opportunity to increase rents and further stabilize occupancy, creating a compelling and unique investment opportunity.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment
Property Type
Building Size
12,400 SF
Building Class
C
Year Built
2007
Price
$3,955,258 CAD
Price Per SF
$318.97 CAD
Cap Rate
7.04%
NOI
$278,396 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.71 AC
Parking
36 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1235090010003 | Improvements Assessment | $2,168,362 CAD |
| Land Assessment | $646,933 CAD | Total Assessment | $2,815,295 CAD |
Property Taxes
Parcel Number
1235090010003
Land Assessment
$646,933 CAD
Improvements Assessment
$2,168,362 CAD
Total Assessment
$2,815,295 CAD
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Alliance Retail Center - Houston, TX | 13734 State Highway 249
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