Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 14,741-square-foot, multi-tenant neighborhood retail center located in Houston, Texas. Pinnacle Plaza at Airtex is 100 percent leased, and all leases are triple-net. Tenants are a complementary mix of internet-resistant and service-oriented businesses, including Einstein Learning Center, The Coverage People, Lux Liquor, El Salvador Bakery, a Barbershop, and Marco's Pizza. The building is new 2022 construction featuring an attractive architectural design and is situated on 1.47 acres with ample paved parking. A large double-sided monument sign provides additional exposure to the center. Pinnacle Plaza at Airtex is located on West Airtex Boulevard, near the intersection with Ella Boulevard. Traffic counts exceed 20,338 vehicles per day in front of the property. The subject property is near many national and regional retailers including Pizza Hut, Boost Mobile, Shell gas station, Raising Cane's, Dollar General, FedEx, Whataburger, Cracker Barrell, Saltgrass Steak House, and many others. The surrounding area has desirable demographics, serving a dense residential area with 124,102 residents within three miles and 302,716 residents within five miles of the property. Pinnacle Plaza at Airtex is less than ten miles west of George Bush Intercontinental Airport, serving approximately 46 million passengers annually across 28 airlines. George Bush Intercontinental Airport is about 23 miles north of downtown Houston. The airport is also ranked as the Best U.S. Airport and second-best in North America At World Airport Awards in 2020.