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FAITS SAILLANTS DE L'INVESTISSEMENT
- 3330 Audley Street is a 100% leased retail/flex asset within the dynamic Greenway/Upper Kirby submarket, minutes from River Oaks and The RO.
- Property features include 20-foot ceilings, 100% HVAC, a freight elevator, grade-level glass/metal overhead doors, and turnkey retail/office suites.
- Seamless investment transition with existing NNN leases and recent exterior, interior, and major systems enhancements, reducing initial expenses.
- With a WALT of 3.3 years and a regional vacancy rate of 4.7%, the area demonstrates limited supply, supporting long-term growth and stable tenancy.
RÉSUMÉ DE L'ANNONCE
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.
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.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
23 789 pi²
Classe d’immeuble
B
Année de construction/rénovation
1974/2025
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,07
Taille du lot
0,51 AC
Zonage
C - Commercial
Stationnement
2 places (0,08 places par 1 000 pi² loué)
Façade
126’ sur Audley Street
COMMODITÉS
- Mezzanine
- Accessible aux fauteuils roulants
- Affichage sur monument
- Climatisation
- Balcon
- Détecteur de fumée
Walk Score®
Très pratique à pied (88)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 0650850010001 | Évaluation des bâtiments | 2 862 814 $ CAD |
| Évaluation du terrain | 2 974 443 $ CAD | Évaluation totale | 5 837 256 $ CAD |
Impôts fonciers
Numéro de lot
0650850010001
Évaluation du terrain
2 974 443 $ CAD
Évaluation des bâtiments
2 862 814 $ CAD
Évaluation totale
5 837 256 $ CAD
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3330 Audley St
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