5206 Airline Drive – Retail Investment Opportunity

5206 Airline Dr, Houston, TX 77022

Property Information

  • For Sale $3,500,000
  • Property Type Retail
  • Property Size 17,190 SF
  • Lot Size 1.53 Acre
  • # of Floors 2
  • Parking Spaces Avail. 120
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1964
  • Year Renovated 2000
  • Date Updated Oct 21, 2026

Description

5206 Airline Drive presents an opportunity to acquire a 17,190-square-foot neighborhood retail center situated on approximately 1.53 acres in Houston’s Near North submarket. The property offers prominent frontage along Airline Drive, substantial surface parking, multiple access points, and a flexible multi-tenant configuration suitable for retail, service, medical, and office users.

The center includes existing tenancy along with currently available space, creating potential upside through additional lease-up and tenant optimization. Vacant space is currently being marketed at $22.00 per square foot NNN. Offered at $3,500,000, the property may appeal to investors seeking a neighborhood retail asset with existing income and value-add potential.

Contacts

Location

Located at 5206 Airline Dr, Houston, TX 77022, this property is part of the Northside - Northline neighborhood and Houston market.

Contact Listing Broker
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