Discover a premier value-add opportunity with the acquisition of 16131 N Eldridge Parkway in Tomball, Texas. This well-maintained retail asset spans 19,200 square feet across two floors. Currently structured as a multi-tenant building, there are several demising options for adaptable space sizes and layouts. Single-tenant occupancy is also a possibility for end-users or investors looking to fill the entire space with one business. 16131 N Eldridge Parkway has a shared common area, a building lobby, and an elevator that services the second floor. With 48 on-site parking spaces and convenient access to major highways, this is the ultimate location for businesses across a variety of industries.

16131 N Eldridge Parkway presents a rare opportunity for an owner/user desiring a flexible space to grow their business or an investor looking to expand their real estate portfolio in the Houston market. With the potential for both single- or multi-tenant use, new owners will have diverse revenue options to help stabilize and secure their long-term investment.

Tomball is a flourishing suburban locale situated approximately 30 miles northwest of Houston. Coveted by residents and businesses for its tight-knit community and business-friendly atmosphere, Tomball is the place to be. The 2-mile radius surrounding 16131 N Eldridge Parkway highlights an affluent demographic. There are nearly 44,000 residents earning an average household income of over $140,000. Consumers spend an astounding $635 million annually, with $330 million spent specifically on retail-related goods and services. The commercial submarkets in and around the Tomball area depict strong retail fundamentals. Vacancy rates remain low, and market rents continue to rise. Don’t miss this rare opportunity to invest in a successful location with a well-maintained and highly adaptable retail asset.

Property tours are available by appointment only. Please contact the listing broker to schedule.