324 Fm 1960 Road, Houston, TX 77073
Retail | 50,108 SqFt
Marketing description
Bring new life to this standout 2-story commercial property with 14 suites located along busy FM 1960 with excellent visibility, quick access to I-45, and convenient proximity to George Bush Intercontinental Airport (IAH). Set on 4.12 acres with approximately 200 parking spaces, this multi-suite neighborhood center features spacious storefronts, presenting endless possibilities for retail, office, medical, dining, entertainment, fitness, service businesses, or mixed-use concepts. The large layout, strong road presence, and flexible spaces create an exciting opportunity to transform the property into a busy destination for surrounding residential communities and commuter traffic. Whether repositioned as a modern shopping plaza, professional center, specialty marketplace, or multi-tenant asset, this location offers the scale and exposure to build long-term value in a growing North Houston corridor.
Investment highlights
Strong value-add opportunity with significant upside through rebranding, renovation, lease-up, and strategic tenant placement. The property includes two TK elevators installed in 2008, providing existing vertical access with recommissioning potential. The building is fully sprinklered and equipped with a fire monitoring system already in place. Approximately 5,000 SF of second-floor space is fully improved and has been inspected, while approximately 10,000 SF of second-floor shell space offers additional value-add development potential.
The 4.12-acre site provides room for exterior upgrades, outdoor amenities, or future redevelopment options. Large parking capacity makes it well-suited for high-volume retail, medical, dining, events, and other customer-focused businesses. Prime frontage on FM 1960 captures daily visibility, while access to I-45 expands customer reach across Houston, Spring, and The Woodlands markets.
A strong opportunity for investors seeking to grow rental income, business owners needing a high-exposure location, or buyers looking for a commercial property with significant upside potential in an established, growing area with a broad consumer base.
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