Retail

Lower Heights District

1440 Studemont St, Houston, TX, 77007-3820, US

Executive Summarydownload
Lower Heights District_Property for Sale

Gallery

Lower Heights District 2_Property for Sale

Asset description

JLL has been exclusively retained to offer qualified investors the opportunity to acquire Lower Heights District (the “Property”) located in Houston’s dense inner-loop, less than two miles from Downtown Houston. Originally built in 2019, the Property sits ideally along Interstate 10 and the highly trafficked Studemont St. Additionally, the Property is within immediate proximity to the Washington Corridor and the Heights. The surrounding area has recently become coveted by young professionals after substantial capital investments transformed the Heights and Washington Corridor into an ultra-trendy, upscale entertainment district. The Property’s prominent in-fill Houston location has attracted a diverse national and local tenant mix including Total Wine & More, Ulta Beauty, SheSpace, Milano Nail Spa, and First Watch among others. Surrounded by numerous upscale multi-family projects and high-end retail centers, the offering presents the rare opportunity to acquire a stabilized asset protected by generational value drivers in immediate proximity.

Attributes

Building area Net
102,064 sf
Occupancy
100.00%
Year built
2019
Land area Net
4.76 acres (207,346 sf)

Investment highlights

  • UNMATCHED POSITION AS A SUPERIOR IN-FILL HOUSTON LOCATION
  • LEADING RESIDENTIAL GROWTH ON TOP OF EXISTING DENSITY IN AN AFFLUENT AREA
  • STABILIZED PROPERTY WITH CONSISTENT CASH FLOW
  • DIVERSIFIED RENT ROLL WITH BEST IN CLASS TENANCY
  • PROXIMITY TO OUTSTANDING NATIONAL RETAILERS PROVIDING ADDITIONAL EXPOSURE
  • NEWLY CONSTRUCTED CLASS-A RETAIL EXPERIENCE
Lower Heights District 4_Property for Sale
Lower Heights District 4_Property for Sale

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Sep 16, 2022