Skip to main content

Shopping Strip

100% Leased | 6-Tenant Trophy Retail Center | Houston, TX | Newly Constructed | 7yr WALT | 6.65% CAP

4145 Gessner Rd, Houston, TX 77043

Listing Price: $7,997,293

Cap Rate
6.23%
Gross SF
18,228
Rentable SF
18,228
Price/Gross SF
$438.74
Lot Size
1.67 acres
Year Built
2023

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a newly constructed, stabilized retail center located at 4145 Gessner Road in Houston, Texas.?

Built in 2023, the ±18,228-square-foot center is situated on ±1.67 acres and features a strong national and regional tenant lineup, including The UPS Store, Marco's Pizza, Mendoza Mexican Grill, Tom n Tom's Coffee, Logos Dental, and Monarch Behavioral Therapy.? The property offers a weighted average lease term (WALT) of approximately + 7 years and generates annual net operating income of $531,820, providing investors with stable, predictable cash flow secured by NNN leases with minimal landlord responsibilities limited to roof and structure.?

Strategically positioned along Gessner Road, a high-traffic corridor surrounded by dense residential neighborhoods, schools, and major employers, the center benefits from excellent visibility and daily exposure.? This offering represents a rare opportunity to acquire a newly built, multi-tenant retail asset in one of Houston's most dynamic submarkets—backed by high-quality tenants, strong lease terms, and long-term income stability.?

Investment Highlights

  • ?Trophy Asset in Houston | Newer construction (2023) 6-suite retail center with end cap drive-thru, totaling ±18,228 SF.
  • ?100% Leased with Strong Tenant Mix | The UPS Store, Marco's Pizza, Juarez Mexican Restaurant, Tom n Tom's Coffee, Logos Dental, and Behavioral Innovations. Incoming Andy's Frozen Custard (NAP)
  • ?Prime Location with High Traffic Counts | Positioned along Gessner Road (+15,334 VPD), surrounded by dense residential neighborhoods, schools, and major employers.
  • ?Houston Market Strength | Houston is the #1 leasing submarket in the nation, supported by steady population growth (278K within 5 miles), strong average household income ($138K), and robust consumer spending.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Shopping Strip

100% Leased | 6-Tenant Trophy Retail Center | Houston, TX | Newly Constructed | 7yr WALT | 6.65% CAP

Listing Price: $7,997,293

Cap Rate
6.23%
Gross SF
18,228
Rentable SF
18,228
Price/Gross SF
$438.74
Lot Size
1.67 acres
Year Built
2023

Investment Highlights

  • ?Trophy Asset in Houston | Newer construction (2023) 6-suite retail center with end cap drive-thru, totaling ±18,228 SF.
  • ?100% Leased with Strong Tenant Mix | The UPS Store, Marco's Pizza, Juarez Mexican Restaurant, Tom n Tom's Coffee, Logos Dental, and Behavioral Innovations. Incoming Andy's Frozen Custard (NAP)
  • ?Prime Location with High Traffic Counts | Positioned along Gessner Road (+15,334 VPD), surrounded by dense residential neighborhoods, schools, and major employers.
  • ?Houston Market Strength | Houston is the #1 leasing submarket in the nation, supported by steady population growth (278K within 5 miles), strong average household income ($138K), and robust consumer spending.

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a newly constructed, stabilized retail center located at 4145 Gessner Road in Houston, Texas.? Built in 2023, the ±18,228-square-foot center is situated on ±1.67 acres and features a strong national and regional tenant lineup, including The UPS Store, Marco's Pizza, Mendoza Mexican Grill, Tom n Tom's Coffee, Logos Dental, and Monarch Behavioral Therapy.? The property offers a weighted average lease term (WALT) of approximately + 7 years and generates annual net operating income of $531,820, providing investors with stable, predictable cash flow secured by NNN leases with minimal landlord responsibilities limited to roof and structure.? Strategically positioned along Gessner Road, a high-traffic corridor surrounded by dense residential neighborhoods, schools, and major employers, the center benefits from excellent visibility and daily exposure.? This offering represents a rare opportunity to acquire a newly built, multi-tenant retail asset in one of Houston's most dynamic submarkets—backed by high-quality tenants, strong lease terms, and long-term income stability.?

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

MM Texture Background
MM Textured Background Lower