• 100% Occupied | Rents 20–35% Below Market with Near-Term Rollover – Allendale Plaza is fully occupied across seven tenants generating $224,508 in annual base rent at an average of $11.74 PSF, against market rents of $14–$18 PSF for comparable neighborhood retail in Southeast Houston. Five leases roll between 2026 and 2028, giving the next owner immediate leverage to reset rents and grow NOI.
• 335,000+ Residents Within 5 Miles | Growing Southeast Houston Trade Area – Situated in the heart of Meadowbrook-Allendale, one of Southeast Houston’s most established residential corridors, with over 335,000 residents within five miles and a 1-mile population that grew 6.3% from 2020 to 2025, sustaining consistent demand for the convenience and service retail that defines the center’s tenant mix.
• 4 Miles from William P. Hobby Airport | Major Southwest Airlines Hub – The center benefits from additional consumer demand generated by airport and hospitality workers and the broader Hobby Airport District economy, a reliable demand driver that extends beyond the immediate neighborhood.
• Needs-Based Tenant Mix – Recession and Internet Resistant Seven tenants across medical, food service, wellness, and neighborhood convenience represent the daily-needs profile that maintains occupancy through economic cycles and continues to outperform discretionary retail.

TX Disclaimer Rishi Idnani & Connor Olandt (in conjunction with Matthews™, a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)