Shopping Strip
Humble Shopping Center
20811 US-59, Humble, TX 77338
Listing Price: $2,835,000
Investment Overview
Marcus & Millichap is pleased to present Humble Shopping Center, an 8,000-square-foot, 100 percent leased retail center shadow-anchored by Target and Kohl's in Humble, Texas. The property is leased to Endeavor Luxury Salon Suites and MyEyeDr under triple-net leases, providing investors with stable cash flow and limited landlord responsibilities.
Strategically positioned along Interstate 69 (US-59), the property benefits from convenient access and strategic positioning, and the drawing power of a dominant regional retail destination. Target and Kohl's anchor the immediate center, while Deerbrook Mall and an extensive concentration of national retailers, restaurants, healthcare providers, and daily-needs uses further strengthen consumer traffic throughout the trade area.
The investment combines stabilized occupancy with meaningful long-term upside. Approximately 69 percent of the GLA is leased through April 2036 with contractual annual rent increases, while current rents remain well below nearby retail comparables. Combined with strong demographics, continued population growth, and a strategic shadow-anchored location, Humble Shopping Center offers investors durable cash flow with long-term income and value appreciation potential.
Investment Highlights
- FULLY LEASED NNN RETAIL INVESTMENT
- LONG-TERM LEASE COMMITMENT WITH CONTRACTUAL RENT GROWTH
- SHADOW-ANCHORED BY TARGET & KOHL'S | 1.5+ MILLION COMBINED ANNUAL VISITS
- BELOW-MARKET RENTS PROVIDE LONG-TERM UPSIDE
Listing Price: $2,835,000
Investment Highlights
- FULLY LEASED NNN RETAIL INVESTMENT
- LONG-TERM LEASE COMMITMENT WITH CONTRACTUAL RENT GROWTH
- SHADOW-ANCHORED BY TARGET & KOHL'S | 1.5+ MILLION COMBINED ANNUAL VISITS
- BELOW-MARKET RENTS PROVIDE LONG-TERM UPSIDE
Investment Overview
Marcus & Millichap is pleased to present Humble Shopping Center, an 8,000-square-foot, 100 percent leased retail center shadow-anchored by Target and Kohl's in Humble, Texas. The property is leased to Endeavor Luxury Salon Suites and MyEyeDr under triple-net leases, providing investors with stable cash flow and limited landlord responsibilities. Strategically positioned along Interstate 69 (US-59), the property benefits from convenient access and strategic positioning, and the drawing power of a dominant regional retail destination. Target and Kohl's anchor the immediate center, while Deerbrook Mall and an extensive concentration of national retailers, restaurants, healthcare providers, and daily-needs uses further strengthen consumer traffic throughout the trade area. The investment combines stabilized occupancy with meaningful long-term upside. Approximately 69 percent of the GLA is leased through April 2036 with contractual annual rent increases, while current rents remain well below nearby retail comparables. Combined with strong demographics, continued population growth, and a strategic shadow-anchored location, Humble Shopping Center offers investors durable cash flow with long-term income and value appreciation potential.