Documents
Enter the "Deal room" for exclusive documents related to this property.
Key facts
| Year Built | 2000 |
| Building Area Net |
|
| Land Area Net |
|
| Number of units | 5 |
| Occupancy | 99.0 % |
| Call for Offers | 2022-05-05 |
Property description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the fee-simple interest in Louetta Central (“the Property”), a 179,995 SF retail building located in Spring, TX. The Property is 99.5% leased and is anchored by Khol's and a top performing Ross.
Investment highlights
- Heavily trafficked intersection with 245,000+ VPD
- Committed tenants - 16 year average tenure
- Anchored by Khol's and top 3 ranked Ross within 15 miles
- 4.8 years of in-place WALT
- Maintained 99% average occupancy over the last ten years
- Proven Houston retailers that cater to surrounding population
- Wal-Mart shadow anchor drives traffic to center and promotes cross-shopping synergy
Similar Properties
View moreThe value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.
Please go to the below link for our commitment to compliance (Japanese only).
https://www.joneslanglasalle.co.jp/ja/compliance-with-laws-and-regulations-and-its-representation
JLL financing
JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.