Northpark Village
US - Lubbock, TX
9 389 000 € | 6 548 m²
Commerce
Shoppes at Kingsgate
1113-1387 Kingwood Dr, Kingwood, TX, 77339-3033, US
Galerie
Description de l'actif
JLL is pleased to offer the opportunity to acquire Shoppes at Kingsgate (the “Property”), a grocery anchored shopping center in the densely populated and affluent Kingwood, TX. The Property is home to a well balanced mix of national and local retailers including ALDI, Dollar Tree, Painted Tree and Tuesday Morning. The 95.2% leased property ideally sits along Kingwood Drive at the main entrance to the Kingwood Master Planned Community with excellent visibility to over 41,000 vehicles per day.
Caractéristiques
Building Area
14 525 m²
Informations Clés
- Currently 95.2% leased, purchasers will have the opportunity to increase NOI via lease-up
- Grocery anchored by rapidly expanding global grocery brand ALDI which is on track to become the third largest grocer in the U.S. by store count in 2022
- Stable in-place cash flow with 6.6 years of remaining WALT
- The center has captured over 65,000 SF of new leases since the beginning of 2021
- In-Place Rents are an estimated 24.9% below today’s market rates
- Located at the gateway to Kingwood with excellent visibility to over 41,000 vehicles per day along Kingwood Drive, the most heavily trafficked thoroughfare in Kingwood
- Surrounded by the thriving Kingwood community with a 45,975 residents within a 3-mile radius and affluent demographics.
- Situated in a heavily underserved retail market.
Contacter l'équipe
JLL peut vous accompagner dans le financement et la gestion de votre portefeuille. Contactez-nous pour découvrir comment nous pouvons vous aider.
Dernière mise à jour
1 déc. 2022