6880 Telephone Rd
$1,900,000
6880 Telephone Road, Houston, TX 77061
7.2
Cap Rate
16,000 sqft
Building Size
Details:
Description:
A proven, fully leased ±16,000 SF neighborhood center on ±0.84 acres with direct frontage on Telephone Rd—minutes from Hobby Airport. The tenancy is primarily NNN, delivering low‑touch operations across daily‑needs users. Durable steel/concrete‑block construction with central HVAC, ample off‑street parking, and ±15,000 SF of heavy paving support high customer turnover. Visibility rides a ~24,000 VPD corridor in a dense 3‑mile trade area (103,600+ residents), and the site sits in Flood Zone X for added risk clarity.
Located in the Garden Villas / Hobby Area submarket—an established, working‑class trade area anchored by Hobby Airport, arterial connectivity, and steady neighborhood services. The site captures commuter and airport‑related traffic on Telephone Rd (~24k VPD) and benefits from a dense 3‑mile population (103,600+) and broad local co‑tenancy.
Occupancy: 100% Leased
Investment Type: Value Add with opportunity to increase NNN based on current lease agreements
Location: 1 mile from Hobby Airport
Traffic Counts: Telephone Road frontage with over 34,000 VPD
Size: 16,000 SF building on 0.84 acres
Tenant Mix: Providers of everyday needs like salons, markets, and restaurants
Documents:
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| OM For 6880 Telephone Rd |
Location
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