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The Shops at River Oaks 3734-3740 Westheimer Rd 9,330 SF 100% Leased Retail Building Houston, TX 77027 For Sale


INVESTMENT HIGHLIGHTS
- Easy Access to US-59 & Loop 610 via Weslayan & Westheimer
- Built in rental increases allowing for natural income growth
- Near Central Market, Highland Village, River Oaks District, Greenway Plaza, The Galleria, Upper Kirby District
EXECUTIVE SUMMARY
Comprised of 2 tenants, The Shops at River Oaks is an approximately 9,330 square foot center situated on approximately 41,870 square feet of land. The center is located just east of Weslayan St./Willowick Rd. and the famous Highland Village Shopping Center, just south of River Oaks subdivision, Houston’s most prestigious neighborhood, and just north of Greenway Plaza. Highland Village was built in 1952 to serve Houston’s carriage trade, the residents of the surrounding enclaves that are among the city’s wealthiest neighborhoods. River Oaks District, just west of Highland Village, is home to over 60 luxury brands and 12 memorable culinary experiences. The District is Houston’s most distinct open-air gathering place for community events, art installations & activations, influenced by Houstonian’s unique culture and lifestyle. Greenway Plaza, just south of the Property, has evolved into one of Greater Houston’s largest employment centers, with over 4.4 million square feet of office space on a 52-acre campus.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,330 SF
Building Class
B
Year Built/Renovated
1965/2004
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.96 AC
Parking
67 Spaces (7.18 Spaces per 1,000 SF Leased)
Frontage
157’ on Westheimer Rd
AMENITIES
- Pylon Sign
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,594,309 CAD | |
| Land Assessment | $5,872,854 CAD | Total Assessment | $8,467,163 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,872,854 CAD
Improvements Assessment
$2,594,309 CAD
Total Assessment
$8,467,163 CAD
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The Shops at River Oaks | 3734-3740 Westheimer Rd
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