Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2019
Building Area Net
Land Area Net ()
Occupancy 100.0 %

Property 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.

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
Last Updated Date: 12 May 2022

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Last Updated Date: 12 May 2022

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