3330 Audley St 23,789 SF 100% Leased Retail Building Houston, TX 77098 For Sale

3330 Audley Street offers a unique opportunity to Investors and Owner/Users. This is a fully leased 23,537-square-foot retail and flex property with ability to provide near term space for Owner/Users in Houston's Greenway/Upper Kirby submarket. Completely renovated in 2025, the building is set for today's workforce with interior, exterior, and major systems upgrades, leaving minimal deferred maintenance. The property's flexible design features 20-foot ceilings, showroom and warehouse space, turnkey office/retail suites, freight elevator, and modern glass and metal grade-level roll-up doors, well-positioned to serve various tenants.

Stabilized with a weighted average lease term (WALT) of 3.3 years, 3330 Audley Street provides immediate in-place cash flow with limited near-term rollover. Existing triple net (NNN) leases further reduce landlord obligations. Additional upside exists through potential re-measurement of common area square footage to increase net rentable area.

Market conditions further enhance the investment structure. The Greenway/Upper Kirby retail market has a vacancy rate of 4.7%, underscoring tenant demand and limited supply. Current leases present a mark-to-market opportunity as rents roll, with comparable market rents outpacing in-place rents at 3330 Audley. Steps from River Oaks, the asset benefits from premium demographics, high traffic counts, and walkability to The RO, a 17-acre master-planned development that further strengthens retail and office fundamentals in the trade area.

With 3330 Audley Street's recent renovation, full occupancy, and embedded rent growth potential, investors will capture near-term income security and long-term upside in one of Houston's most desirable retail corridors.