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24707242
24707243

7011 Harrisburg Blvd, Houston, TX 77011

DW
TX 476561
WPW Management Corp
Listed by WPW Management Corp
Unpriced
325 days on market
Updated 33 days ago
Opportunity zone

Harrisburg Retail Center

Details
APN 131-910-001-0001
Property Type Retail, Special Purpose
Sub Type Shopping Center, Storefront
Square Footage 14,359
Net Rentable (SqFt) 14,359
Units 6
Occupancy 69%
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Class B
Year Built 2009
Buildings 1
Acreage 82889.000
Investment Type Value Add
Tenant Credit Franchisee
Ground Lease No

Retail Center for Sale | Houston, TX

Marketing description

Harrisburg Retail Center is a 69% leased 14,359 square foot retail shopping center situated on approximately 1.92 acres located in East Downtown Houston (EaDo), Texas. Located between two signalized intersections, the Property has exposure to 11,500+ cars per day on Harrisburg Blvd. The Property enjoys excellent access to several major thoroughfares including Highway 90 Alt, 610 Loop, US-59, and Interstate 45.

Harrisburg Retail Center is situated in a booming submarket where the population is projected to increase by 0.2% annually from 2025 to 2030 in a 3-mile radius. The average household income is $85,200+ and the median home value exceeds $234,111 in a 5-mile radius.

EaDo is centrally located between two major employment hubs in the Houston MSA - the Central Business District (Downtown) and the Port of Houston. Residents of EaDo appreciate its quiet, relaxed atmosphere with the opportunity to enjoy the thriving nightlife of Downtown Houston, just 3.5 miles west of the Property.

The fourth largest city in the nation, Houston is a core market and is the 2nd fastest growing economy in the United States. With over 1.5 million residents added since 2010, Houston has enjoyed tremendous growth and boasts a population of close to 7.7 million residents and projected to exceed 8.1 million residents by 2030. Houston enjoys the status of being the economic and cultural hub of the entire Gulf Region.

Investment highlights

EASILY ACCESSIBLE

Ease of traffic flow in and around the Property is dictated by the abundance of ingress/egress points to and from the Property via four entrances: two (2) directly along Harrisburg Blvd, and two (2) directly along N 71st Street.

ATTRACTIVE MARKET

Within a three-mile radius of the Property, the population is over 57,500 residents and the daytime population exceeds 131,000.

UPSIDE POTENTIAL

The Property is 69% leased, allowing an investor the opportunity to add to the existing NOI by leasing the remaining vacancy.

SUPER-REGIONAL ROAD NETWORK

The Property is conveniently located near several major thoroughfares including Highway 90 Alt, 610 Loop, US-59, and Interstate 45.

Listing Contacts

DW
TX 476561
WPW Management Corp
Listed by WPW Management Corp

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