Montgomery Plaza_Property for Sale
Montgomery Plaza_Property for Sale
North Loop 336 West 1400, Conroe, TX, 77304, US

Montgomery Plaza

Asset description

Jones Lang LaSalle, L.P. ("JLL") has been exclusively retained to arrange the sale of Montgomery Plaza ("the Property" or the "Offering"), a 315,708 SF power center located in Conroe, Texas. The Property features a mixed tenant lineup including Academy, Conn's, and Big Lots, with the ability to spin off 5 multi and single tenant pads. In addition to Montgomery Plaza's historically proven stable cash flow, upside opportunities include lease up, sizable trade-out rents, and favorable contractual bumps.

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Attributes

Building area net
29,330 sm
Occupancy
95%
Year built
1981
Parking spaces
1400

Media

Investment highlights

  • Premier lineup of essential and e-commerce resistant tenants
  • Proven stable cash flow
  • Upside opportunities include lease up, sizable trade-out rents, and favorable contractual bumps
  • Located in the fastest growing city in the United States
  • Trade Area Spacing: Only one of the top 10 largest tenants at Montgomery Plaza are located within 10 miles of the property


Montgomery Plaza 4_Property for Sale
Montgomery Plaza 4_Property for Sale

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Montgomery Plaza (0 Properties)

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Last updated
Apr 2, 2024