Parker Road Shopping Center

Marcus & Millichap is pleased to exclusively list for sale a neighborhood retail center located 2221 Parker Road in Houston, Texas. This 4,175 square feet retail center is situated on a 0.50-acre tract of land on the signalized, hard corner of Aldine Westfield Road and Parker Road.

The subject property is offered at a price of $799,000; at said price, an investor could pay all cash, avoiding high interest payments. Parker Road Shopping Center is 100 percent occupied, accommodating two tenants; both leases are triple net, meaning expenses are 100 percent reimbursable. Additionally, long-term leases provide an investor with stable cash flow.

Parker Road Shopping Center is well-positioned within an undeserved retail area and has easy access to the Hardy Toll Road (56,600 VPD) & Eastex Freeway (201,873 VPD). The property features 197 feet of frontage on Park Road, providing excellent visibility.