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INVESTMENT HIGHLIGHTS
- Positioned at Almeda Mall with strong regional draw
- Four loading docks support logistics and operations
- Adjacent to major retail and industrial developments
- ±17.18-acre site with redevelopment potential
- Prominent signage with pylon and monument visibility
- Fee simple interest with no known use restrictions
EXECUTIVE SUMMARY
CBRE presents a rare opportunity to acquire a high-profile retail box located at 12200 Gulf Freeway, Houston, TX, formerly occupied by JCPenney and Burlington. This ±198,964 SF, two-story structure sits on a generous ±17.18-acre parcel at the southern end of Almeda Mall, offering exceptional visibility and direct access from Interstate 45. The site’s strategic location within southeast Houston places it near major employment centers and redevelopment activity, making it ideal for owner-users or investors seeking a repositioning or redevelopment play.
The property features four loading docks, one pylon sign, and two monument signs, enhancing its logistics and branding potential. With no known use restrictions and a clean legal profile, the asset offers flexibility for a wide range of retail, entertainment, or mixed-use concepts. Its adjacency to Almeda Mall and The Market at Almeda—a 23-acre retail redevelopment delivering in 2026—adds long-term value and synergy for future tenants or users.
Surrounding industrial growth, including projects like SouthPort 45 and Gulfbelt Logistics Park, further supports the area’s economic momentum. The property’s scale, access, and visibility make it a compelling acquisition for those seeking a footprint in one of Houston’s most active submarkets.
The property features four loading docks, one pylon sign, and two monument signs, enhancing its logistics and branding potential. With no known use restrictions and a clean legal profile, the asset offers flexibility for a wide range of retail, entertainment, or mixed-use concepts. Its adjacency to Almeda Mall and The Market at Almeda—a 23-acre retail redevelopment delivering in 2026—adds long-term value and synergy for future tenants or users.
Surrounding industrial growth, including projects like SouthPort 45 and Gulfbelt Logistics Park, further supports the area’s economic momentum. The property’s scale, access, and visibility make it a compelling acquisition for those seeking a footprint in one of Houston’s most active submarkets.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Building Size
198,964 SF
Building Class
C
Year Built
1967
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
17.18 AC
Zoning
N/Ap
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0151160190018 | Improvements Assessment | $2,873,253 CAD |
| Land Assessment | $4,832,489 CAD | Total Assessment | $7,705,742 CAD |
PROPERTY TAXES
Parcel Number
0151160190018
Land Assessment
$4,832,489 CAD
Improvements Assessment
$2,873,253 CAD
Total Assessment
$7,705,742 CAD
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