www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31224917
31224918

5822 Martin Luther King Blvd, Houston, TX 77021 For Sale

HN
TX 739152
5th Stream Realty
Listed by 5th Stream Realty
$2,200,000
118 days on market
Updated 4 days ago
Opportunity zone

5822/5842 Martin Luther King Blvd - Retail Portfolio Sale

Details
Property Type Retail
Sub Type Storefront
Square Footage 12,100
Units 2
Cap Rate 6.41%
NOI $170,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $182
Class B
Ground Lease Yes

100% occupied . under market price

Marketing description

Investment Opportunity – Dual Retail Strip Centers | MLK Jr Blvd, Houston, TX

Rare opportunity to acquire two retail strip centers in a central Houston location along the highly trafficked MLK Jr Blvd corridor. This major thoroughfare serves as a critical artery connecting Downtown Houston to Inner Loop 610, making it a true lifeline for daily commuter and neighborhood traffic.

The properties total approximately 10,000 SF and generate a combined NOI of ~$170,000, offering immediate cash flow with additional upside potential.

Positioned in a dense residential trade area, the site benefits from consistent local demand, strong tenant visibility, and steady foot traffic. The corridor is experiencing rapid redevelopment and revitalization, making this an ideal hold for both income and appreciation.

Listing Contacts

HN
TX 739152
5th Stream Realty
Listed by 5th Stream Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$170,000.00
$14,166.67/mo

Valuation Metrics

0
DSCR
7.73%
Cap Rate
7.73%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Helen Nguyen
License
739152
Brokerage
5th stream Realty
Brokerage Phone
8323676888
Title
Sale agent
Brokerage Address
5th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591