
Market at Katy Park
24924 Morton Ranch Rd, Katy, TX, 77493, US
158,171 平方呎
Jones Lang LaSalle Americas, Inc. (JLL) is pleased to present Commons at Willowbrook, an exceptional 568,704 square foot shopping center located in North Houston's thriving Willowbrook submarket. Currently 80% leased, this property offers a compelling value-add opportunity with rents 11% below market rates and 37% credit tenancy. Strategically situated at the northwest intersection of Highway 249 and FM 1960, the property commands an impressive trade area extending over 15 miles. Its diverse tenant roster features high-performing national anchors complemented by sales-driving shop tenants. Commons at Willowbrook is primed for significant NOI growth through multiple existing value-enhancement strategies, with the potential to further enhance the already robust tenant mix and elevate its overall asset value through targeted capital improvements. This rare, true value-add opportunity in an unparalleled location makes Commons at Willowbrook one of the most sought-after offerings in the market.