535 West 20th_Property for Sale
535 West 20th_Property for Sale
535 West 20th Street, Houston, TX, 77008, US

535 West 20th

Asset description

JLL is pleased to present 535 W 20th Street, a 11,300 square foot asset located in Houston’s dense inner-loop, less than two miles from Downtown Houston. Built in 1973 and renovated in 2017, the Property sits ideally along the highly trafficked 20th Street and Lawrence Street. The Property is centered in the heart of the Greater Heights area, benefiting from the cities latest retail and residential growth. The Greater Heights has recently become a coveted submarket after substantial capital investments transformed the Heights into an ultra-trendy, upscale entertainment district. With premier tenancy, the offering presents investors stable, long-term cash flow at a basis well below replacement cost. Surrounded by numerous upscale multi-family projects and modern retail centers, the offering presents the rare opportunity to acquire a stabilized asset in an irreplaceable infill location.


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Attributes

Building area gross
11,300 sf
Land area gross
0.45 acres
Occupancy
100%
Year built
1973
Year renovated
2017

Media

Investment highlights

  • Two tenant asset creates ease of ownership
  • Immediate adjacency to 1,000 multi-family units
  • Incredible basis well-below replacement cost
  • Irreplaceable infill location in the Houston Heights: a must-have retail market
  • Close proximity to leading retail centers: 19th Street, Heights Waterworks, & Shepherd Street
535 West 20th 4_Property for Sale
535 West 20th 4_Property for Sale

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535 West 20th (0 Properties)

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Last updated
Jul 15, 2024