Kirby Shopping Center

5802 Kirby Drive, Houston, TX, 77005, US

Asset Description

JLL is pleased to present Kirby Shopping Center, a 9,159 SF strip center located in Houston, TX. The property is located in the heart of West University, which is largely recognized as one of Houston’s wealthiest neighborhoods. Within one mile of the Property, average household income is just shy of $233,000. Kirby Shopping Center is currently 100% leased and offers a unique opportunity to capitalize on below market rents, with 33% of the rent roll expiring without options.

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Attributes

Building area gross

9,159 sf

Land area gross

0.51 acres

Occupancy

100%

Year built

1960

Year renovated

2019

Media

Investment Highlights

Annual rent growth
Convergence of Permanency
Located in the heart of West University; one of Houston’s wealthiest neighborhoods
Outstanding density and buying power
100% leased with 33% of the rent roll expiring without options