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31539651
31539652

112 TX-146, La Porte, TX 77571

JM
TX 0551204
Marcus & Millichap - Houston
FP
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Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston
Unpriced
58 days on market
Updated 38 days ago
Under Contract

La Porte Plaza

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 20,477
Occupancy 94.2%
Tenancy Multi
Lease Type NNN
Year Built 2014
Acreage 2.300
Ground Lease No

20,477 SqFt

Marketing description

Strategic Infill Location

• Located along TX-146 in La Porte, a high-traffic retail corridor linking to SH 99

(Grand Parkway)

• Positioned within the greater Houston MSA, one of the fastest-growing metros in the U.S.

• Adjacent to major industrial hubs, Port of Houston, and employment centers

• Dense surrounding residential population supporting daily retail demand

NNN Lease Structure (Passive Investment)

• Triple-net (NNN) leases across all tenants

• Tenants reimburse for CAM, insurance, and property taxes

• Limited landlord responsibilities

• Predictable and stable cash flow

Houston MSA Market Strength

• Located within a 7.6M+ population metro

• Strong job growth driven by logistics, energy, and healthcare

• Continued population growth fueling retail demand

• Business-friendly environment with no state income tax

Below-Market Rents & Upside Potential

• Average in-place rents below comparable market rates

• Built-in rental growth through renewals and leasing of vacancy

• Opportunity to enhance long-term yield

Anchor Tenant Stability

• Dollar Tree serves as the primary anchor tenant and recently extended its lease

• 16,000+ locations nationwide with strong brand recognition

• Discount retail model performs well across economic cycles

• Drives consistent daily traffic to the center

Listing Contacts

JM
TX 0551204
Marcus & Millichap - Houston
FP
undefined undefined
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston

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