Log In/Sign Up
Your email has been sent.
7601 W Sam Houston S
Houston, TX 77072
Parkwood Plaza · Retail Property For Sale
·
30,000 SF
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Cap Rate | 5.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.00% |
Description
Prime investment opportunity featuring a highly visible retail condominium in the front corner of Parkwood Plaza with excellent exposure along Beltway 8. Ideally located at the intersection of Beltway 8 and Highway 59, this property offers outstanding accessibility, high daily traffic counts, and exceptional visibility from the freeway.
The property is 100% leased to an established national retailer, Tandy Leather (Houston Store #26), under a new five-year lease running from March 1, 2025 through February 28, 2030, providing good and stable rental income per month.
As the first corner unit facing the main roadway within the shopping center, the property enjoys premium frontage, strong signage visibility, and easy customer access. Parkwood Plaza is a well-established mixed-use retail and medical center occupied by a diverse tenant mix including medical offices, pharmacy, insurance, retail, and service businesses.
This is an excellent opportunity for investors seeking immediate cash flow, a long-term tenant, and strong appreciation potential in one of Southwest Houston's busiest commercial corridors.
The property is 100% leased to an established national retailer, Tandy Leather (Houston Store #26), under a new five-year lease running from March 1, 2025 through February 28, 2030, providing good and stable rental income per month.
As the first corner unit facing the main roadway within the shopping center, the property enjoys premium frontage, strong signage visibility, and easy customer access. Parkwood Plaza is a well-established mixed-use retail and medical center occupied by a diverse tenant mix including medical offices, pharmacy, insurance, retail, and service businesses.
This is an excellent opportunity for investors seeking immediate cash flow, a long-term tenant, and strong appreciation potential in one of Southwest Houston's busiest commercial corridors.
Sale Notes
Excellent investment opportunity with immediate cash flow. Fully leased, an established retail tenant, under a new long term leasing contract. Prime front corner unit in Parkwood Plaza with exceptional visibility along Beltway 8 and convenient access to Highway 59. High-traffic location with strong demographics and long-term appreciation potential. Ideal for 1031 Exchange buyers or investors seeking stable income.
| Sale Type | Investment or Owner User | Cap Rate | 7.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.00% |
Description
Prime commercial condominium located in the well-established Parkwood Plaza at the highly desirable intersection of Beltway 8 and Highway 59. This well-maintained unit is currently occupied by a dental practice with the lease expired on July 31, 2026, providing an excellent opportunity for an owner-user or investor.
The space has been meticulously maintained and is ideally suited for a dental office, medical clinic, med spa, wellness center, massage therapy, professional office, retail business, or a variety of other commercial uses. Its functional layout allows for an easy transition for healthcare professionals or other service-oriented businesses.
Positioned in a thriving retail and medical plaza with excellent visibility, convenient access, and ample parking, the property benefits from strong traffic counts and a well-established surrounding business community. Located just minutes from Beltway 8 and Highway 59, this is a great opportunity to own commercial space in one of Southwest Houston's most accessible and desirable business corridors with good asking price.
Perfect for owner-users seeking a premier business location or investors looking for long-term value and leasing potential.
The space has been meticulously maintained and is ideally suited for a dental office, medical clinic, med spa, wellness center, massage therapy, professional office, retail business, or a variety of other commercial uses. Its functional layout allows for an easy transition for healthcare professionals or other service-oriented businesses.
Positioned in a thriving retail and medical plaza with excellent visibility, convenient access, and ample parking, the property benefits from strong traffic counts and a well-established surrounding business community. Located just minutes from Beltway 8 and Highway 59, this is a great opportunity to own commercial space in one of Southwest Houston's most accessible and desirable business corridors with good asking price.
Perfect for owner-users seeking a premier business location or investors looking for long-term value and leasing potential.
Sale Notes
Great opportunity to acquire a premium commercial condominium in the highly sought-after Parkwood Plaza. The current dental tenant's lease expires on July 31, 2026, creating an ideal opportunity for an owner-user to establish their business or for an investor to reposition and lease the property. The well-maintained space is suitable for dental, medical, med spa, wellness, professional office, retail, and a variety of commercial uses. Located just off Beltway 8 with immediate access to Highway 59, the property offers excellent visibility, convenient accessibility, abundant parking, and strong long-term value in one of Southwest Houston's premier commercial corridors.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 100 | 3,564 SF | Retail | Upon Request | $70,824.00 CAD |
| Unit 500 | 2,003 SF | Retail | Upon Request | $50,568.33 CAD |
Unit 100
| Unit Size |
| 3,564 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| $70,824.00 CAD |
Unit 500
| Unit Size |
| 2,003 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| $50,568.33 CAD |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 100
| Unit Size | 3,564 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | $70,824.00 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.00% |
| Description | |
| Prime investment opportunity featuring a highly visible retail condominium in the front corner of Parkwood Plaza with excellent exposure along Beltway 8. Ideally located at the intersection of Beltway 8 and Highway 59, this property offers outstanding accessibility, high daily traffic counts, and exceptional visibility from the freeway.<br> The property is 100% leased to an established national retailer, Tandy Leather (Houston Store #26), under a new five-year lease running from March 1, 2025 through February 28, 2030, providing good and stable rental income per month.<br> As the first corner unit facing the main roadway within the shopping center, the property enjoys premium frontage, strong signage visibility, and easy customer access. Parkwood Plaza is a well-established mixed-use retail and medical center occupied by a diverse tenant mix including medical offices, pharmacy, insurance, retail, and service businesses.<br> This is an excellent opportunity for investors seeking immediate cash flow, a long-term tenant, and strong appreciation potential in one of Southwest Houston's busiest commercial corridors.</li></ul> | |
| Sale Notes | |
| Excellent investment opportunity with immediate cash flow. Fully leased, an established retail tenant, under a new long term leasing contract. Prime front corner unit in Parkwood Plaza with exceptional visibility along Beltway 8 and convenient access to Highway 59. High-traffic location with strong demographics and long-term appreciation potential. Ideal for 1031 Exchange buyers or investors seeking stable income.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 500
| Unit Size | 2,003 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | $50,568.33 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.00% |
| Description | |
| Prime commercial condominium located in the well-established Parkwood Plaza at the highly desirable intersection of Beltway 8 and Highway 59. This well-maintained unit is currently occupied by a dental practice with the lease expired on July 31, 2026, providing an excellent opportunity for an owner-user or investor.<br> The space has been meticulously maintained and is ideally suited for a dental office, medical clinic, med spa, wellness center, massage therapy, professional office, retail business, or a variety of other commercial uses. Its functional layout allows for an easy transition for healthcare professionals or other service-oriented businesses.<br> Positioned in a thriving retail and medical plaza with excellent visibility, convenient access, and ample parking, the property benefits from strong traffic counts and a well-established surrounding business community. Located just minutes from Beltway 8 and Highway 59, this is a great opportunity to own commercial space in one of Southwest Houston's most accessible and desirable business corridors with good asking price.<br> Perfect for owner-users seeking a premier business location or investors looking for long-term value and leasing potential.</li></ul> | |
| Sale Notes | |
| Great opportunity to acquire a premium commercial condominium in the highly sought-after Parkwood Plaza. The current dental tenant's lease expires on July 31, 2026, creating an ideal opportunity for an owner-user to establish their business or for an investor to reposition and lease the property. The well-maintained space is suitable for dental, medical, med spa, wellness, professional office, retail, and a variety of commercial uses. Located just off Beltway 8 with immediate access to Highway 59, the property offers excellent visibility, convenient accessibility, abundant parking, and strong long-term value in one of Southwest Houston's premier commercial corridors.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 30,000 SF | Typical Floor Size | 1,385 SF |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Storefront | Lot Size | 2.90 AC |
| Building Class | C | Parking Ratio | 54.15/1,000 SF |
| Floors | 1 | ||
| Zoning | Commercial F1 | ||
| Total Building Size | 30,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 1,385 SF |
| Year Built | 2005 |
| Lot Size | 2.90 AC |
| Parking Ratio | 54.15/1,000 SF |
| Zoning | Commercial F1 |
Amenities
- Freeway Visibility
- Pylon Sign
1 of 31
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
