Objektbeschreibung
JLL is pleased to present The Vintage Center, a 29,438 SF retail strip in the Cypresswood Dr submarket of Houston. The property is situated on Louetta Rd, which is a critical retail artery in Northwest Houston with more than 30,000 vehicles per day. Vintage Center presents a unique opportunity to capitalize on significantly below-market rents (17.35% below market averages) on an asset with over 8 years of tenure. The property is positioned to capture the impressive population growth Northwest Houston has been experiencing over the last 13 years; increasing an impressive 29.80% within a 1-mile radius.
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Eigenschaften
Gebäudefläche netto
2.735 m²
Vermietungsstand
100 %
Baujahr
2007
Grundstücksfläche netto
1,27 Hektar
Medien
Investment-Highlights
- The strip is situated on Louetta Rd which is a critical retail artery in Northwest Houston w/ more than 30,000 cars per day
- Rents are 17% below market with 8 of 12 tenants expiring without options
- Impressive population growth of 29.8% within a one-mile radius since 2010
- Average household income within a one-mile radius is $112,054 and is projected to increase 2.6% by 2028
- The asset is bookended between Whole Foods and HEB - the #10 ranked HEB in Houston
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The Vintage Center (0 Objekte)
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Zuletzt aktualisiert
16. Mai 2024
