12200 Gulf Fwy, Houston, TX 77034

CBRE is pleased to offer the opportunity to acquire the fee simple interest in a former JCPenney/Burlington Box (the “Property”) in southeast Houston. Positioned at the south end of Almeda Mall, which draws 1.7m visitors annually, and along Interstate 45, the Property benefits from direct exposure to 195,000 VPD and a dense consumer base of 130,000 residents within 3 miles. The Property’s larger parcel size, exceptional visibility and access, and freedom of use make it an attractive asset for an owner/user or as a potential redevelopment site.

The Property enjoys a strategic position in southeast Houston, nestled amongst key employment centers and Interstate 45, the main north-south artery from downtown Houston to Galveston. The central location offers outstanding visibility, ensuring maximum exposure for businesses. It provides convenient access, serving a significant population of 130,000 within a 3-mile radius.

The Property is adjacent to Almeda Mall, which draws 1.7m visitors annually, and The Market at Almeda, a 23-acre retail redevelopment project featuring a grocery anchor and other service-related retailers, set to deliver 182,000 square feet and 4.96 acres of pad opportunities in 2026.

Within 3 miles of the Property, multiple industrial developments are underway, including SouthPort 45, Gulfbelt Logistics Park, Red Bluff Distribution Center, Gauge Southgate, and Gulf Point 8, contributing more than 2.3m square feet of industrial spec space to the area.