Property History
A proven, fully leased ±16,000 SF neighborhood center on ±0.84 acres with direct frontage on Telephone Rd—minutes from Hobby Airport. The tenancy is primarily NNN, delivering low‑touch operations across daily‑needs users. Durable steel/concrete‑block construction with central HVAC, ample off‑street parking, and ±15,000 SF of heavy paving support high customer turnover. Visibility rides a ~24,000 VPD corridor in a dense 3‑mile trade area (103,600+ residents), and the site sits in Flood Zone X for added risk clarity.
Located in the Garden Villas / Hobby Area submarket—an established, working‑class trade area anchored by Hobby Airport, arterial connectivity, and steady neighborhood services. The site captures commuter and airport‑related traffic on Telephone Rd (~24k VPD) and benefits from a dense 3‑mile population (103,600+) and broad local co‑tenancy.
Tamar Plaza | Key Investment Details
Asking Price: $1,900,000 ($118.75/SF)
Occupancy: 100% Leased
Investment Type: Value Add with opportunity to increase NNN based on current lease agreements
Location: 1 mile from Hobby Airport
Traffic Counts: Telephone Road frontage with over 34,000 VPD
Size: 16,000 SF building on 0.84 acres
Tenant Mix: Providers of everyday needs like salons, markets, and restaurants
Address/APN: 6880 Telephone Rd, Houston, TX 77061 | APN 060‑017‑028‑0001. Land: ±36,492 SF (±0.8377 AC). Occupancy: 91%. Lease Structure: Primarily NNN.
Improvements: ±16,000–16,321 SF across 3 buildings; steel/heavy frame, concrete‑block exterior; central cooling / hot‑air heat; off‑street parking; ±15,000 SF heavy paving. Year built 1958 with later renovations (2003; 2014 per assessor).
Positioning: Prime Telephone Rd (~24,000 VPD), minutes to Hobby Airport, embedded in neighborhood retail/residential fabric with strong drive‑by exposure.
Context: Flood Zone X; MLS Area 3, Census Tract 3336.00, Garden Villas subdivision.
Hobby‑propelled frontage: minutes from the airport with constant corridor traffic (~24k VPD).
Investment‑friendly: 100% leased, primarily NNN rent roll in a daily‑needs mix.
Durable improvements: steel/heavy + concrete‑block, central HVAC, ±15,000 SF heavy paving, off‑street parking.
Risk clarity: Flood Zone X; flat, level site.
Comprehensive marketing package (OM, digital + broker outreach) available on request.
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