Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale Villa Maria Shopping Center (“the Property”), a 17,056 sq ft. shopping center located in Bryan, TX. The property is 97% occupied and favorably located in the largest college town in Texas, only 2-miles away from Texas A&M University’s main campus. Directly across from a top performing HEB-anchored retail center, this asset is centered in the highest traffic intersection in the Bryan area, with Villa maria having an average VPD of 34,0000 and Texas Ave at an average VPD of 48,089. With in-place rents well below current market rents and a diverse tenant mix, this asset poses strong opportunity to capture significant mark-to-market growth moving forward.
Caractéristiques de l'actif
Points clés d'investissement
- Located in the largest college town in Texas (Bryan - College Station, TX)
- Across the street from top performing H-E-B anchored retail center
- In-place rents are 15-20% below market