Shopping Strip
7147 Bellfort Avenue
7147 Bellfort Ave, Houston, TX 77087
Listing Price: $1,337,596
Investment Overview
Marcus & Millichap is pleased to exclusively list for sale a neighborhood retail center on Bellfort Avenue, located at 7147 Bellfort Avenue in Houston, Texas. This 8,100 square feet retail center is situated on a 0.64-acre plot of land. Bellfort Avenue Retail Center provides investors with the opportunity to acquire a 100 percent occupied center at an 8.25 Percent CAP rate. The diverse tenant mix and staggered lease expirations offer a healthy balance between security and value-add opportunity. A purchaser can add value and increase the NOI by self-managing the property and converting gross leases to triple net leases. Bellfort Avenue Retail Center’s frontage location results in high visibility to 17,785 vehicles per day. Additionally, the property is located in close proximity to Mykawa Road, Telephone Road, Interstate 45 South, and 610 Loop, as well as The William P. Hobby International Airport.
Investment Highlights
- 8.25 Percent CAP Rate
- 100 Percent Occupied
- Value Add Opportunity - Converting Gross Leases to NNN Leases
- Frontage on Bellfort Avenue with Close Proximity to Mykawa Road, Telephone Road, Interstate 45 South, and 610 Loop
- Near The William P. Hobby International Airport | 11.3 Million Passengers Annually
Exclusively Listed By
Financing By
Listing Price: $1,337,596
Investment Highlights
- 8.25 Percent CAP Rate
- 100 Percent Occupied
- Value Add Opportunity - Converting Gross Leases to NNN Leases
- Frontage on Bellfort Avenue with Close Proximity to Mykawa Road, Telephone Road, Interstate 45 South, and 610 Loop
- Near The William P. Hobby International Airport | 11.3 Million Passengers Annually
Investment Overview
Marcus & Millichap is pleased to exclusively list for sale a neighborhood retail center on Bellfort Avenue, located at 7147 Bellfort Avenue in Houston, Texas. This 8,100 square feet retail center is situated on a 0.64-acre plot of land. Bellfort Avenue Retail Center provides investors with the opportunity to acquire a 100 percent occupied center at an 8.25 Percent CAP rate. The diverse tenant mix and staggered lease expirations offer a healthy balance between security and value-add opportunity. A purchaser can add value and increase the NOI by self-managing the property and converting gross leases to triple net leases. Bellfort Avenue Retail Center’s frontage location results in high visibility to 17,785 vehicles per day. Additionally, the property is located in close proximity to Mykawa Road, Telephone Road, Interstate 45 South, and 610 Loop, as well as The William P. Hobby International Airport.
Exclusively Listed By
Financing By

