Southgate Shopping Center_Property for Sale
Southgate Shopping Center_Property for Sale
4425 W Fuqua St, Houston, TX, 77045-6205, US

Southgate Shopping Center

Asset Description

JLL is pleased to present Southgate Shopping Center, a 124,454 SF retail center in the Southwest Central Submarket. The property is situated on W Fuqua St, which is a critical artery in Southwest Houston with more than 17,900 vehicles per day. Southgate Shopping Center presents a unique opportunity to capitalize on the ability to push rents, which are currently over 30% below market. 

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Attributes

Building area gross
11,562 m²
Occupancy
96%
Year built
1964
Land area gross
4.96 ha

Media

Investment Highlights

  • Rental rates are +/- 31% below market
  • 37% of the rent roll is national tenancy with over 19 years of average tenure
  • #1 ranked Foodarama, seeing around 1.5 million visits per year
  • CVS is ranked in top 3% of CVS nationally 


Southgate Shopping Center 4_Property for Sale
Southgate Shopping Center 4_Property for Sale

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Southgate Shopping Center (0 Properties)

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Last updated
16 Aug 2024