Airline Retail Pad Site
Unpriced
4702 Airline Drive, Houston, TX 77022
Cap Rate
Square Feet
13240
Year Built/Renovated
1975
INVESTMENT HIGHLIGHTS
• Located on the Hard Corner of Airline Drive and Lyerly Street: Just North of the North Freeway (Interstate 45)
• Excellent Visibility: Nearly 150 Feet of Frontage on Airline Drive and 307 Feet of Frontage on Lyerly Street
• Exceptional Retail Trade Area: Fiesta Mart Directly Across Airline From the Subject Property
• Airline Drive is a Major Retail Corridor in the Near North Retail Submarket Located Just North of the Heights, Which Has Experienced Tremendous Gentrification Over the Past Decade
• Densely Populated Trade Area: Over 150K Population Within a 3-Mile Radius
• 10,530 Square Feet of Warehouse Space With 18-Foot Clear Height and Three Grade-Level Doors Make This Property a Candidate for Light Industrial Uses and Storage
PROPERTY DESCRIPTION
Marcus & Millichap is pleased to exclusively offer for sale Airline Retail Pad Site, located at 4702 Airline Drive in Houston, Texas. The subject property allows for an opportunity to utilize the existing structure or can be redeveloped into a convenience store with a gas station, car wash, fast food quick service restaurant or other use that will capitalize on the immediate area’s dense population.
In addition to marketing to nationally recognized retail brands, another advantage of this dense blue-collar population is the opportunity to lease to specialized retailers like Fiesta Mart as well as Pizza Patron, Mambo’s, and Fred Loya.
Other benefits of this location to note are the expansion of the industrial base just North of the property and along the Beltway 8 corridor near the Bush International Airport a major nearby job generator for all the sub-markets in the north part of Houston.