El Muelle Seafood | Extremely Dense Houston Location… — Sale in Houston, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Houston, TX 77074
Photos
Investment Figures
- Cap rate
- 7.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The subject property is located along the Southwest Freeway (US-59 / I-69) within Houston’s densely populated Gulfton and Sharpstown submarket, a well-established infill corridor known for strong retail fundamentals and consistent consumer demand. This area is recognized as one of the most densely populated neighborhoods in Houston, supported by a large and diverse residential base that drives daily traffic and sustained spending across food, service, and necessity-based retail. The immediate trade area benefits from a significant concentration of multifamily housing, with thousands of units located within a short distance of the property. This built-in customer base provides consistent day-to-day demand and supports a wide range of retail and restaurant uses. In addition, the surrounding corridor along Hillcroft Avenue and Bellaire Boulevard is widely regarded as one of Houston’s most active international retail and dining destinations, further reinforcing the area’s appeal for food-oriented concepts. Accessibility is a key driver of the location’s strength. The property offers direct exposure to the Southwest Freeway, one of Houston’s primary commuter corridors, and is easily accessible via major thoroughfares including Hillcroft Avenue, Bellaire Boulevard, and the nearby Sam Houston Tollway (Beltway 8). This connectivity allows for efficient access to surrounding residential neighborhoods, as well as key employment hubs throughout Southwest Houston. The broader trade area is anchored by established retail centers including PlazAmericas Mall and numerous neighborhood shopping centers, creating a proven retail corridor with long-standing tenant occupancy. With limited new development and high barriers to entry, the submarket continues to demonstrate stable performance and long-term demand for well-located retail assets. Investment Highlights: • Absolute Net Ground Lease (Zero Landlord Responsibilities) featuring 2% Annual Rental Increases throughout the Initial Te
Market Context
This food service in Houston, TX is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Houston, TX — view the full market.
Contact
- Alvin Mansour · (858) 373-3184 · alvin.mansour@marcusmillichap.com
- David Kern · (858) 373-3185 · david.kern@marcusmillichap.com
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