Heights Central Station — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Houston, TX 77008
  • Size: 18,682 SF
  • Year built: 2016

Photos

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Description

JLL is pleased to bring to market Heights Central Station ("The Property"), strategically located in the Heights - Houston’s most walkable neighborhood embedded in a corridor of bars, restaurants, and retail destinations. This offering presents an opportunity for investors to acquire a prime retail asset with 100% occupancy, built in 2016, encompassing a total building area of 18,682 sq ft. The property serves as a robust commercial hub. Its configuration ensures maximum utility, combined with optimal tenant mix to drive significant consumer traffic. Anchored by dynamic, high-performing tenants, the property secures reliable revenue streams, underpinned by contemporary construction standards.

Market Context

This retail in Houston, TX is listed for sale across 18,682 SF. The building dates to 2016. 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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