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29722743
29722744

2015 W 34th St, Houston, TX 77018

GL
TX TX 419197
Marcus & Millichap - Houston
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston
$2,299,000
110 days on market
Updated 23 days ago

West 34th Center

Details
APN 580930000151
Property Type Retail
Sub Type Shopping Center
Square Footage 6,329
Net Rentable (SqFt) 6,329
Units 9
Cap Rate 6.8%
NOI $156,279
Occupancy 100%
Tenancy Multi
Brand/Tenant State Farm
Lease Type NNN
Price per SqFt $363
Class B
Year Built 1995
Year Renovated 2020
Buildings 1
Stories 1
Acreage 0.410
Zoning COM
Parking Spaces 25 spaces
Parking Per SqFt 3.95
Investment Type Value Add
Ownership Fee Simple
Sale Condition For sale by owner

Core Oak Forest – Garden Oaks Shopping Center for Sale under $2.5 Million | 6.51% CAP | 6,329 SF

Marketing description

Marcus & Millichap is pleased to exclusively list for sale West 34th Center, located at 2015 West 34th Street in Houston, Texas. This 6,329-square-foot retail center is located on approximately 0.41 acres. The property is located adjacent to the hard, signalized corner of West 34th Street and Oak Forest Drive.

The subject property is 100 percent occupied, accommodating eight tenants. An investor could add value by converting leases to triple-net.

The Oak Forest and Garden Oaks neighborhoods — often grouped together given their proximity just north of Loop 610 in Houston — have emerged as standout residential markets within the city, marked by robust price appreciation, growing demand, and active redevelopment. As of late 2025, median sale prices in the combined Oak Forest-Garden Oaks area reflect meaningful year-over-year gains. Oak Forest median prices showed strong growth (with recent figures indicating roughly 32.9 percent year-over-year appreciation to around $698,000) while the broader Oak Forest-Garden Oaks neighborhood saw its median around $525,000, up more than 10 percent compared to the previous year. The overall trend for Oak Forest / Garden Oaks has leaned toward price appreciation and sustained buyer interest, especially as homebuyers look for inner-loop locations with established community character and redevelopment potential.

Investment highlights

  • Strong Growth and Development in Oak Forest/Garden Oaks Submarket
  • 100 Percent Occupied
  • Value-Add Potential By Converting Leases to Triple-Net
  • Staggered Lease Expirations

Listing Contacts

GL
TX TX 419197
Marcus & Millichap - Houston
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,279.00
$13,023.25/mo

Valuation Metrics

0
DSCR
6.8%
Cap Rate
6.8%
ROI

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Additional Information

Name
Gus Lagos
License
TX 419197
Name
Alex Wolansky, CCIM
License
TX 702899
Brokerage Phone
7134524200
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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