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3602 Navigation Blvd 11,832 SF Retail Building Houston, TX 77003 For Sale
INVESTMENT HIGHLIGHTS
- PLEASE DO NOT DISTURB THE TENANTS
EXECUTIVE SUMMARY
The investment represents a tremendous upside.
The subject is offered at a fair price per square foot to the building.
Irreplaceable building in good move in condition for a prospective new owner.
Property is located in the shadow of the Houston CBD/Downtown, within a short distance from the Toyota Center, Daiken Park, George R. Brown Convention Ctr & the Houston Center.
Neighborhood is rife with new retail and residential developments. The property is located in the East Downtown Management District (EaDo), in a very high traffic location
The property has great visibility and easy access surrounding freeways and Downtown Houston.
Well established retail building located within Houston's rapidly gentrifying east end.
Close proximity to lively Navigation Esplanade, home to several bustling restaurants and farmers markets.
Less than a mile from East River, Midway’s 150-acre, multi-phase and mixed-use development.
11,832-SF historic building on a 14,375-SF corner lot along Navigation Blvd.
Building has retail spaces in the front and storage area in the back with 3-Phase 480V power.
Newly renovated exterior and retail/office spaces with new HVAC and roof.
The subject has 98 feet of frontage on Navigation, 139 feet of frontage on N Hutcheson, and 95 feet on Merkel.
2024 population within a 5-mile radius from the subject property exceeded 400,000 with the projected average household income being close to $100,000.
Daytime employment is over 350,000 and rising within a 5-mile radius from the subject property.
PLEASE DO NOT DISTURB THE TENANTS
The subject is offered at a fair price per square foot to the building.
Irreplaceable building in good move in condition for a prospective new owner.
Property is located in the shadow of the Houston CBD/Downtown, within a short distance from the Toyota Center, Daiken Park, George R. Brown Convention Ctr & the Houston Center.
Neighborhood is rife with new retail and residential developments. The property is located in the East Downtown Management District (EaDo), in a very high traffic location
The property has great visibility and easy access surrounding freeways and Downtown Houston.
Well established retail building located within Houston's rapidly gentrifying east end.
Close proximity to lively Navigation Esplanade, home to several bustling restaurants and farmers markets.
Less than a mile from East River, Midway’s 150-acre, multi-phase and mixed-use development.
11,832-SF historic building on a 14,375-SF corner lot along Navigation Blvd.
Building has retail spaces in the front and storage area in the back with 3-Phase 480V power.
Newly renovated exterior and retail/office spaces with new HVAC and roof.
The subject has 98 feet of frontage on Navigation, 139 feet of frontage on N Hutcheson, and 95 feet on Merkel.
2024 population within a 5-mile radius from the subject property exceeded 400,000 with the projected average household income being close to $100,000.
Daytime employment is over 350,000 and rising within a 5-mile radius from the subject property.
PLEASE DO NOT DISTURB THE TENANTS
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,832 SF
Year Built/Renovated
1950/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.82
Lot Size
0.33 AC
Opportunity Zone
Yes
Parking
12 Spaces (1.01 Spaces per 1,000 SF Leased)
Frontage
100’ on Navigation Blvd.
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $385,560 | |
| Land Assessment | $740,688 | Total Assessment | $1,126,248 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$740,688
Improvements Assessment
$385,560
Total Assessment
$1,126,248
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3602 Navigation Blvd
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