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Property Detail

Tidwell Road
Tidwell Plaza13525 Tidwell Rd
$5,000,000

Description

  • Tidwell Plaza comprises an internet-resistant, diversified tenant mix, including nine tenants providing service, food, and unique retail offerings.
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  • Shadow-anchored by national tenants Starbucks and Walgreens, with other adjacent establishments like Shell, Subway, Popeyes, and Jack in the Box.
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  • Growing area that saw the number of households within a 2-mile radius rise by 12% from 2020 to 2024, with positive growth to continue through 2029.
  • Commercial storefront property spanning 14,455 square feet on 1.32 acres and built in 2019 with an annual net operating income of $325,000.
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  • Positioned at a signalized intersection with visibility from Beltway 8, providing combined traffic counts of nearly 100,000 vehicles per day.

Executive Summary

Break into a burgeoning submarket with this multi-tenant investment opportunity located at the northwest corner of Beltway 8 and Tidwell Road.

Tidwell Plaza is a 14,455-square-foot building situated on 1.32 acres. The property features floor-to-ceiling storefronts and has a side drive-thru. It is leased to nine tenants, including Little Ceasars, Cricket, Chelelo Western Wear, Marbella Ice Cream, WFACTS, and Daiquiri Trap, an eclectic array that caters to a wide variety of consumers. Tidwell Plaza benefits from multiple ingress and egress points and cross-access points from adjacent properties with traffic-elevating tenants. Starbucks and Walgreens act as shadow anchors and the other businesses in the vicinity make this a convenient shopping and dining node that draws a more diverse selection of consumers.

Located off one of Houston’s most important arteries, Beltway 8, Tidwell Plaza is situated along well-traveled commuting routes, drawing the eyes of thousands of passersby per day. The center is surrounded by several residential communities, including Stonefield Terrace (516 homes) and Hidden Meadow (1,809 homes), and there are four schools within a five-minute drive. This cluster of suburban destinations speaks to the density of consumers here, and projections call for sustained household growth in the foreseeable future. Already, the 43,000 households within a 5-mile radius contribute to $1.3 billion in annual consumer spending, painting an optimistic picture for investing in Tidwell Plaza.
 

Tidwell Plaza13525 Tidwell Rd

Listing ID : 00893

SKU: 893

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Price History

DateEventPrice
December 13 2024Listed$5,000,000.00