Edge Realty Partners Capital Markets brokered the sale of a retail property located at 8452–8464 Gulf Freeway in Houston. Terms of the transaction were not disclosed.
Burdette Huffman of Edge represented the seller. Located near the intersection of I-45 and Monroe Boulevard, the 49,865-square-foot retail center features a value-add redevelopment opportunity with in-place cash flow.
The property, located along Interstate 45 South, features incredible access and exposure to 207,000+ cars per day. Further, the property is surrounded by dense demographics with a population exceeding 335,000 people within a five-mile radius.