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2929 Navigation Blvd
Houston, TX 77003
Navigation Place · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • GENERATIONAL HOLD URBAN INFILL LOCATION
  • IMMEDIATE UPSIDE VIA LEASE-UP OF HIGHLY LEASABLE 1,035 SF INLINE SPACE
  • EXCEPTIONAL TENANCY WITH 2 OF HOUSTON’S MOST ICONIC RESTAURANTS, NATIONAL CHAINS, MEDICAL, & FINANCIAL SERVICES
  • CLASS A 2020 CONSTRUCTION WITH PROVEN TENANCY BASE

EXECUTIVE SUMMARY

For Sale: High Quality Urban Infill Retail Center - Minimal Risk Long Term - Houston, TX

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,366 SF
Building Class
B
Year Built
2020
Price
$14,637,084 CAD
Price Per SF
$755.81 CAD
Cap Rate
6.25%
NOI
$914,818 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.81 AC
Opportunity Zone
Yes
Zoning
none
Parking
106 Spaces (5.47 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1403730010001
Land Assessment
$3,806,526 CAD
Improvements Assessment
$6,079,652 CAD
Total Assessment
$9,886,178 CAD
  • Listing ID: 38423758

  • Date on Market: 2025-11-12

  • Last Updated:

  • Address: 2929 Navigation Blvd, Houston, TX 77003

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