The Square at Elyson — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Houston, TX 77433
  • Size: 66,199 SF
  • Year built: 2024

Photos

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Description

JLL is pleased to present The Square at Elyson ("The Property") in Houston, TX. The property represents a unique opportunity to acquire a newly developed and 100% leased retail asset spanning 66,199 sq ft on 7.37 acres. The Square at Elyson offers investors a compelling value-add investment, driven by its potential for long term growth, being located directly in the path of development in Northwest Houston. Constructed between 2024-2026, the property is not only contemporary but also built to cater to modern retail demands. It features a dynamic tenant roster, ensuring a stable cash flow and long-term lease commitments.

Market Context

This retail in Houston, TX is listed for sale across 66,199 SF. The building dates to 2024. Compare it against other retail listings for sale in Houston, 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.

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).

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