Houston, TX - Harrisburg Retail Center
$3,600,000
7011 Harrisburg Blvd, Houston, TX
8.65
Cap Rate
311,298
NOI
Details:
Description:
SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest in the Harrisburg Retail Center, a 15,399-square-foot multi-tenant retail property located along Harrisburg Boulevard in Houston’s East End, one of the city’s most rapidly redeveloping submarkets just four miles from Downtown Houston. Built in 2009, the property is 70% occupied, providing investors with stable in-place income and significant upside potential through lease-up of the remaining vacancies. Tenants include T-Mobile, China 101 Express, and Blue Sky Travel, representing a diverse and service-oriented mix catering to the surrounding community.
The property is strategically positioned along Harrisburg Boulevard, a high-visibility retail corridor with 11,400 vehicles per day, and offers excellent accessibility via
U.S. Highway 90 Alt, I-45, and I-610. Surrounded by national and regional retailers such as Walmart, Walgreens, AutoZone, and Fiesta Mart, the center benefits from consistent daily traffic and strong retail synergy. The five-mile trade area boasts over 320,000 residents and 303,000 employees, with an average household income above $71,000, supporting robust retail demand. The Harrisburg Retail Center offers investors a modern retail asset combining current yield and long-term growth potential in an established urban infill location.
Location
Gallery