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2110-2136 Holly Hall St
Houston, TX 77054
Holly Knight Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Attractive mark-to-market opportunity | In-place weighted average rent of $22.73/SF is 35% BELOW MARKET | 100% OF GLA LACKS OPTIONS
- Dense urban infill location with 666k+ daytime population (5-mile radius)
- Located one block east of NRG stadium, home of the HOUSTON TEXANS, HOUSTON LIVESTOCK SHOW & RODEO, and the primary venue for the city’s largest events
- Significant immediate upside via lease-up of TWO (2) INLINE VACANCIES totaling 2,117 SF | ~$90K IN ADDITIONAL NOI
- Positioned two blocks inside interstate-610, Houston’s inner most loop seeing nearly 200,000 VPD
- Sticky tenants. 23% of GLA boasts tenure of 20+ YEARS, AND NEARLY 30% OF GLA HAS TENURE OF 10+ YEARS
EXECUTIVE SUMMARY
Just Listed for Sale | Urban Infill Retail Center with Upside | Houston, TX
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
20,015 SF
Building Class
C
Year Built
1984
Price
$7,634,855 CAD
Price Per SF
$381.46 CAD
Cap Rate
7.25%
NOI
$553,277 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
1.35 AC
Opportunity Zone
Yes
Parking
87 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
424’ on Knight Road
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 0440940000008 | Improvements Assessment | $4,221,523 CAD |
| Land Assessment | $1,242,132 CAD | Total Assessment | $5,463,654 CAD |
PROPERTY TAXES
Parcel Number
0440940000008
Land Assessment
$1,242,132 CAD
Improvements Assessment
$4,221,523 CAD
Total Assessment
$5,463,654 CAD
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