Kingwood Place_Property for Sale
Kingwood Place_Property for Sale
19529 Northpark Dr, Kingwood, TX, 77339-3869, US

Kingwood Place

Asset description

Jones Lang LaSalle is pleased to present Kingwood Place, an H-E-B anchored retail asset on a 32.1 acres tract of land located at the southwest corner of Northpark Drive and Eastex Freeway US 59 in the thriving subdivision of Kingwood, Texas. This 163,098 SF asset includes small-strip retail and pad site components, creating a full experience neighborhood center. At 97% occupancy, Kingwood Place sees over 3.6 million visitors annually, with immediate accessibility to Interstate 69, expanding to a vast regional trade area. Centered in the heart of Kingwood, Texas, Kingwood Place presents an irreplaceable opportunity to acquire a nation-leading grocery anchored asset in a thriving submarket of Houston. 


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Attributes

Building area gross
151,523 sm
Occupancy
97%
Year built
2019
Land area gross
12.99 ha

Media

Investment highlights

  • 163,098 HEB grocery-anchored trophy asset in the premier Kingwood, TX submarket
  • Grocery ground lease with two pad site and strip center components
  • Robust contractual yield with 13 years of weighted average lease term
  • Top performing tenant mix with 3M+ Annual Visitors


Kingwood Place 4_Property for Sale
Kingwood Place 4_Property for Sale

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Kingwood Place (0 Properties)

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Last updated
Jun 13, 2024