Press Releases
Marcus & Millichap Brokers the Sale of Retail Strip in Houston’s Heights Neighborhood
March 31, 2025
HOUSTON, Texas, Mar. 31, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today sale of a fully occupied 10,578-square-foot retail strip in Houston, Texas.
“Investors and businesses love the Heights because of its central location, excellent demographics, and diverse architecture,” said Justin Miller, senior vice president investments in Marcus & Millichap’s Houston office. “These characteristics are an outstanding foundation for investment and helped us source offers from a broad cross-section of local and out-of-state investors.” Miller represented the seller, a Houston-based developer, in the transaction.
Located at 1129–1141 E 11th St., the property sits at the signalized intersection of East 11th Street and Studewood Street, with traffic counts exceeding 17,000 vehicles per day. Tenants include Three Dog Bakery and Republic Boot Co. The site benefits from strong area demographics, with an average household income exceeding $175,000 within a one-mile radius.
“Investors and businesses love the Heights because of its central location, excellent demographics, and diverse architecture,” said Justin Miller, senior vice president investments in Marcus & Millichap’s Houston office. “These characteristics are an outstanding foundation for investment and helped us source offers from a broad cross-section of local and out-of-state investors.” Miller represented the seller, a Houston-based developer, in the transaction.
Located at 1129–1141 E 11th St., the property sits at the signalized intersection of East 11th Street and Studewood Street, with traffic counts exceeding 17,000 vehicles per day. Tenants include Three Dog Bakery and Republic Boot Co. The site benefits from strong area demographics, with an average household income exceeding $175,000 within a one-mile radius.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
