Hollister Pointe Centre — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Houston, TX 77040

Photos

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Investment Figures

Cap rate
7.32%

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 Hollister Pointe Centre, an 86,515-square-foot multi-tenant retail investment strategically positioned along the Northwest Freeway (US-290) in Houston, Texas. Situated on 9.27 acres, the property is 95 percent occupied by a diverse mix of service-oriented, medical, educational, restaurant and retail tenants, with triple-net lease structures providing attractive in-place income and limited landlord responsibilities. Hollister Pointe Centre benefits from prominent US-290 frontage and exposure to approximately 201,615 vehicles per day, complemented by access and visibility along Hollister Street. The property is positioned within an established Northwest Houston infill trade area surrounded by dense residential neighborhoods, major employment centers and a significant concentration of national retailers. With in-place rents well below surrounding market comparables, the offering provides investors with stable current occupancy and meaningful long-term mark-to-market potential. Investment Highlights: • HIGHLY VISIBLE US-290 FRONTAGE WITH 200,000+ VPD • 95% OCCUPIED WITH NNN LEASE STRUCTURES • SIGNIFICANT MARK-TO-MARKET OPPORTUNITY • ESTABLISHED INFILL RETAIL TRADE AREA

Market Context

This retail in Houston, TX is listed for sale. It is offered at an approximate 7.3% capitalization rate, a key benchmark for income-producing retail assets. 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.

Its 7.3% asking cap rate is in line with the Houston retail market average of about 7.5%. 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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