Haute Harwin Fashion Center

Marcus & Millichap is pleased to present the opportunity to acquire a 38,813-square-foot, multi-tenant neighborhood retail center located in Houston, Texas. Haute Harwin Fashion Center is currently 93 percent occupied, and 86 percent of the gross leasable area has triple-net leases, providing upside potential in leasing the remaining vacancies. The tenant base is a complementary mix of service-oriented businesses, including Ajmal Anar, LED Factory/Promotional Signs, Jardines Reception Hall, Pure Natura, Optifly Flight Simulation Center, Vanity Storm Fashion Studio, Cellular Wear, Bun Kabob, Great Empire, and Liquor Palace. The center was constructed in 2004 and is situated on a 2.82-acre parcel with ample paved parking. A large double-sided pylon sign provides additional exposure to the center.

Haute Harwin Fashion Center is located at the signalized hard corner intersection of Harwin Drive and Savoy Drive. Cumulative traffic counts in front of the property exceed 29,795 vehicles per day. The subject property is located near many national and regional retailers including H-E-B, Chick-fil-A, Kroger, Party City, Goodwill, Target, The Home Depot, McDonald's, Walmart Super Center, Ross Dress for Less, Academy, DSW Designer Shoe, AutoZone Auto Parts, and many more. Haute Harwin Fashion Center is also in close proximity to the Houston Galleria, an upscale mixed-use urban development and shopping mall anchored by Neiman Marcus, Nordstrom, Saks Fifth Avenue, and Macy's. Located in the Uptown District of Houston, the Galleria is the largest mall in Texas and the seventh-largest shopping mall in the United States. The surrounding area is densely populated with 41,385 residents within one mile of the property; 255,020 residents within three-miles; and 559,116 residents within five miles.