920 E Little York Rd, Houston, TX 77076

The 19,525-square-foot center was built in 2018 on a 1.2-acre corner lot at a signalized intersection, providing excellent access for consumers with dedicated turn lanes and ample parking. Little York Plaza is fully leased to a diverse mix of tenants, including a medical user, service-oriented businesses, and restaurants. Many of these tenants have well-established histories in the community with multiple locations throughout the region, reinforcing the roster with recognizable tenants likely to stay on long-term leases. Little York Plaza is also one of the comparable centers in the area. Since 2018, only three other retail storefront buildings have been built within a two-mile radius, two of which are adjacent to Little York Plaza, giving it one of the best curb appeals in this generative locale.

The Near North retail submarket has a strong blue-collar backbone, which, combined with spillover from rapidly gentrifying areas like the Heights, has made it a robust and steady retail sector of the metro. Projections indicated that the average population growth rate seen from 2010 to 2022 will double through 2027 within a three-mile radius. Little Vacancy rates stand consistently below the Houston market average, and a slow construction pipeline has kept supply in check as the average property is roughly 40 years old. Experience the immense benefits of this roaring submarket and lead the area in quality with this excellent acquisition opportunity presented by Little York Plaza.