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

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
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. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. 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.
I accept the confidentiality agreement I accept the confidentiality agreement
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 1970
Building Area Gross
Land Area Gross ()
Occupancy 46.54 %
Call for Offers

Property description

Jones Lang LaSalle (“JLL”), on behalf of the owner, is pleased to present the opportunity to purchase the NWQ of Westheimer Road and Fondren Road. This ±5.99-acre site is conveniently located in the heart of Briarmeadow neighborhood. Located within four miles of Galleria shopping , dining and nightlife attractions, this site is in a highly desirable area with unlimited opportunities. With egress and ingress off Fondren and Westheimer, the site has great accessibility.

Investment highlights

  • Currently 46.5% leased, buyers can quickly add value via the lease-up of the vacant box space which will drive significant leasing momentum throughout the rest of the center
  • Premier Westheimer retail corridor at one of the highest traffic intersections in West Houston with a combined 78,270 VPD
  • High quality neighboring retailers including Target, Walmart, and Home Depot
  • Dedicated tenancy with a weighted average tenure of 11.3 years
  • Densely populated submarket boasting 226,552 residents within a 3-mile radius
  • Located at the gateway to the affluent Memorial neighborhood with an average household income of $101,454 within a 5-mile radius
Last Updated Date: 19 Apr 2022

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

JLL, together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 19 Apr 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.