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Investment Highlights
- Highly visible corner location at the intersection of San Felipe Street and South Voss Road with strong daily traffic.
- Positioned adjacent to The Plaza on San Felipe, a major shopping center generating 1.7 million annual visits.
- Former bank building with four covered drive-thru lanes suitable for multiple retail or service configurations.
- Surrounded by national retailers including Kroger, Whole Foods, and CVS, within a thriving trade area.
Executive Summary
This former bank branch offers a highly visible ±3,835 SF building positioned on approximately 0.73 acres at the signalized intersection of South Voss Road and San Felipe Street. The location features dual street frontage with traffic counts exceeding 60,000 vehicles per day, ensuring consistent exposure. Configured with four covered drive-thru lanes, the property is suitable for financial institutions or can be redeveloped for various retail and service uses.
Situated within a dense retail corridor, the asset is proximate to national brands such as Kroger, CVS, Starbucks, and Whole Foods, benefiting from strong co-tenancy and 1.7 million annual visits to the adjacent Plaza on San Felipe center. Demographics within a five-mile radius include a population base of over 500,000 residents and average household incomes above $130,000, highlighting the area’s spending power and stability.
The site delivers excellent ingress and egress with ample surface parking and is minutes from Houston’s premier retail destinations including The Galleria and luxury retail at Post Oak. This offering represents an opportunity to acquire a versatile asset positioned in one of Houston’s most recognized retail corridors with immediate visibility and significant redevelopment potential.
Situated within a dense retail corridor, the asset is proximate to national brands such as Kroger, CVS, Starbucks, and Whole Foods, benefiting from strong co-tenancy and 1.7 million annual visits to the adjacent Plaza on San Felipe center. Demographics within a five-mile radius include a population base of over 500,000 residents and average household incomes above $130,000, highlighting the area’s spending power and stability.
The site delivers excellent ingress and egress with ample surface parking and is minutes from Houston’s premier retail destinations including The Galleria and luxury retail at Post Oak. This offering represents an opportunity to acquire a versatile asset positioned in one of Houston’s most recognized retail corridors with immediate visibility and significant redevelopment potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,835 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.73 AC
Parking
21 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
290’ on San Felipe
Amenities
- Corner Lot
- Drive Thru
- Wheelchair Accessible
Very walkable
80/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1247810010003 | Improvements Assessment | $1,109,313 CAD |
| Land Assessment | $1,572,981 CAD | Total Assessment | $2,682,295 CAD |
Property Taxes
Parcel Number
1247810010003
Land Assessment
$1,572,981 CAD
Improvements Assessment
$1,109,313 CAD
Total Assessment
$2,682,295 CAD
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1629 S Voss Rd
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