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8901-8979 Richmond Ave
Houston, TX 77063
Richmond @ Fondren Center · Local commercial Bien À vendre
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 30-Year Occupancy by Anchor Tenant
- 100% Occupied by 10 Tenants plus 2 Outparcels
- Upside via Corner Pad Site
- Corner Location with ±60,302 VPD
- Weighted Average Occupancy of over 10 Years
- Huge Population Base & Affluent Customers - 544,000+ people & an Avg. HHI over $120,000 within 5 miles
Résumé analytique
Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in Richmond & Fondren Plaza located at 8901-8979 Richmond Ave., Houston, TX 77063. The plaza is currently 100% occupied.
The center is 44,616 SF and includes a diverse mix of tenants — 10 tenants in the main retail center, 2 outparcels. The tenants have an average weighted occupancy of over 10 years. The anchor tenant, Metropolis & Extravaganza (M&E), has been here over 30 years, since late 1994. M&E just signed a new 5-Year extension starting 10/1/2026 with 2% annual rent increases.
The pad site directly on the corner of Fondren Road and Richmond Avenue may be included or excluded from the sale. The owner had a LOI starting at $217,200 NNN for 5 Years. That tenant took some in-line space.
The center is 44,616 SF and includes a diverse mix of tenants — 10 tenants in the main retail center, 2 outparcels. The tenants have an average weighted occupancy of over 10 years. The anchor tenant, Metropolis & Extravaganza (M&E), has been here over 30 years, since late 1994. M&E just signed a new 5-Year extension starting 10/1/2026 with 2% annual rent increases.
The pad site directly on the corner of Fondren Road and Richmond Avenue may be included or excluded from the sale. The owner had a LOI starting at $217,200 NNN for 5 Years. That tenant took some in-line space.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
4 145 m²
Classe d’immeuble
C
Année de construction
1979
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,22
Surface du lot
1,90 ha
Zonage
N/AV, Houston - Commercial
Stationnement
150 places (36,19 places par 1 000 m² loué)
Façade
170 m sur Richmond Ave
Taxes foncières
| Numéro de parcelle | 0974010000010 | Évaluation des aménagements | 2 058 560 € |
| Évaluation du terrain | 7 629 302 € | Évaluation totale | 9 687 861 € |
Taxes foncières
Numéro de parcelle
0974010000010
Évaluation du terrain
7 629 302 €
Évaluation des aménagements
2 058 560 €
Évaluation totale
9 687 861 €
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