Humble Shopping Center — Sale in Humble, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Humble, TX 77338
Photos
Investment Figures
- Cap rate
- 6.50%
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
Marcus & Millichap is pleased to present Humble Shopping Center, an 8,000-square-foot, 100 percent leased retail center shadow-anchored by Target and Kohl's in Humble, Texas. The property is leased to Endeavor Luxury Salon Suites and MyEyeDr under triple-net leases, providing investors with stable cash flow and limited landlord responsibilities. Strategically positioned along Interstate 69 (US-59), the property benefits from convenient access and strategic positioning, and the drawing power of a dominant regional retail destination. Target and Kohl's anchor the immediate center, while Deerbrook Mall and an extensive concentration of national retailers, restaurants, healthcare providers, and daily-needs uses further strengthen consumer traffic throughout the trade area. The investment combines stabilized occupancy with meaningful long-term upside. Approximately 69 percent of the GLA is leased through April 2036 with contractual annual rent increases, while current rents remain well below nearby retail comparables. Combined with strong demographics, continued population growth, and a strategic shadow-anchored location, Humble Shopping Center offers investors durable cash flow with long-term income and value appreciation potential. Investment Highlights: • FULLY LEASED NNN RETAIL INVESTMENT • LONG-TERM LEASE COMMITMENT WITH CONTRACTUAL RENT GROWTH • SHADOW-ANCHORED BY TARGET & KOHL'S | 1.5+ MILLION COMBINED ANNUAL VISITS • BELOW-MARKET RENTS PROVIDE LONG-TERM UPSIDE
Market Context
This retail in Humble, TX is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Humble, TX — view the full market.
As of Q1 2026, the Houston retail market showed a 5.5% vacancy rate, average asking rents near $21.28/SF/yr, rents up 2.5% year over year, and cap rates around 7.5%. Source: multiple brokerage reports, Q1 2026.
Its 6.5% asking cap rate is below the Houston retail market average of about 7.5%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Houston?
- About 7.5% as of Q1 2026, per multiple brokerage reports.
- Is the Houston retail market tightening or softening?
- Vacancy is around 5.5%, with asking rents rising year over year (Q1 2026).
Contact
- Chris Gainey · (817) 932-6122 · chris.gainey@marcusmillichap.com
- Philip Levy · (972) 755-5225 · philip.levy@marcusmillichap.com
- Duke Dennis · (817) 932-6172 · duke.dennis@marcusmillichap.com
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