Shopping Strip
Porter Retail Center
21898 FM1314, Porter, TX 77365
Listing Price: $1,340,000
Investment Overview
Marcus & Millichap is pleased to offer the opportunity to acquire a 4,600-square-foot, multi-tenant retail center located in Porter, Texas. Porter Retail Center is 100 percent occupied, and all leases are triple-net and include renewal options. The center has a complementary mix of internet-resistant tenants, including Twisted Ice Company, a medical clinic, and Smoke King. The building is newer (2017) construction with a metal roof and is situated on a 1.32-acre parcel with ample concrete parking. The Twisted Ice Company end cap suite has a drive-through window. The property includes a double-sided monument sign facing FM 1314 Road, providing additional exposure to the center. Porter Retail Center is near the signalized intersection of FM 1314 Road and Cumberland Boulevard, in close proximity to Grand Parkway (Texas Highway 99). Traffic counts in front of the property are approximately 23,138 vehicles per day. Nearby national and regional retailers include Circle K, O'Reilly Auto Parts, Marco's Pizza, State Farm, Domino's Pizza, Sonic Drive-In, McDonald's, Dollar General, Subway, and others. Adjacent to the subject property is a proposed future H-E-B Grocery location on the southwest corner of Grand Parkway and FM 1314 Road.
Porter Retail Center
Investment Highlights
- 4,600-Square-Foot, Three-Tenant Retail Center Located in the High-Growth Houston Suburb of Porter, Texas
- 100% Occupied | All Leases are Triple-Net | Tenants are a Complementary Mix of Internet-Resistant Businesses
- Building is Newer (2017) Construction with Attractive Architecture and a Metal Roof
- Located Near Signalized Intersection of FM 1314 Road and Cumberland Boulevard | Traffic Counts are Approximately 23,138 Vehicles per Day
- Adjacent to Proposed Future H-E-B Grocery Location on the Southwest Corner of Grand Parkway and FM 1314 Road
- Highly Affluent Surrounding Area | Average Household Income is $125,217 within a One-Mile Radius; $111,947 within a Three-Mile Radius; and $118,889 within a Five-Mile Radius
Exclusively Listed By
Listing Price: $1,340,000
Investment Highlights
- 4,600-Square-Foot, Three-Tenant Retail Center Located in the High-Growth Houston Suburb of Porter, Texas
- 100% Occupied | All Leases are Triple-Net | Tenants are a Complementary Mix of Internet-Resistant Businesses
- Building is Newer (2017) Construction with Attractive Architecture and a Metal Roof
- Located Near Signalized Intersection of FM 1314 Road and Cumberland Boulevard | Traffic Counts are Approximately 23,138 Vehicles per Day
- Adjacent to Proposed Future H-E-B Grocery Location on the Southwest Corner of Grand Parkway and FM 1314 Road
- Highly Affluent Surrounding Area | Average Household Income is $125,217 within a One-Mile Radius; $111,947 within a Three-Mile Radius; and $118,889 within a Five-Mile Radius
Investment Overview
Marcus & Millichap is pleased to offer the opportunity to acquire a 4,600-square-foot, multi-tenant retail center located in Porter, Texas. Porter Retail Center is 100 percent occupied, and all leases are triple-net and include renewal options. The center has a complementary mix of internet-resistant tenants, including Twisted Ice Company, a medical clinic, and Smoke King. The building is newer (2017) construction with a metal roof and is situated on a 1.32-acre parcel with ample concrete parking. The Twisted Ice Company end cap suite has a drive-through window. The property includes a double-sided monument sign facing FM 1314 Road, providing additional exposure to the center. Porter Retail Center is near the signalized intersection of FM 1314 Road and Cumberland Boulevard, in close proximity to Grand Parkway (Texas Highway 99). Traffic counts in front of the property are approximately 23,138 vehicles per day. Nearby national and regional retailers include Circle K, O'Reilly Auto Parts, Marco's Pizza, State Farm, Domino's Pizza, Sonic Drive-In, McDonald's, Dollar General, Subway, and others. Adjacent to the subject property is a proposed future H-E-B Grocery location on the southwest corner of Grand Parkway and FM 1314 Road.
Exclusively Listed By
