Atributos
Descrição do ativo
JLL is pleased to present Center at Baybrook, a 363,830 Power Center located along I-45 in Webster, TX, with approximately 127,200 VPD. This investment holds a prime location within one of the most sought-after retail corridors/nodes in the state of Texas. The property offers high visibility, significant foot traffic, and strong consumer demand. Comprising three separate pad buildings, each with its own individual space and revenue potential, the property provides leasing flexibility and the opportunity for multiple income streams. With current vacancies and below-market rents, there exists significant upside potential for lease-up and rental rate adjustments, maximizing returns on investment.
Destaques do investimento
Potential to Develop: 9.7 Acres of land attached to the site
Retail Corridor: Benefits from 127,200 VPD along I-45 and is situated within a mile of Baybrook Mall, the #2 trafficked mall in the state of Texas
Recent Lease Activity: Recent 15YR lease signed with EOS fitness for 53,829 SF
Mark to Market Opportunity: Near term lease expirations with rents significantly below market
Mídia
