Jones Lang LaSalle ("JLL") is pleased to exclusively offer Market Square at Eldridge (the "Property"), a 98% leased, 262,556 square foot, Target and Sam's Club shadow-anchored power center advantageously located at the heavily trafficked intersection of Westheimer Road and Eldridge Parkway in Houston, Texas. The Property offers stable cash flow from a robust national tenant roster (accounts for 85% of the in-place cash flow) and boasts a WALT of 4.4 years. The buyer can also choose to spin off multi-tenant pads at accretive cap rates. Market Square at Eldridge provides investors with the unique investment opportunity to acquire one of the highest-performing centers in the Houston MSA with a reliable cash flow, robust national tenant mix, and multiple value enhancement opportunities.
- Target Shadow Anchored
- Top 5% of Shopping Centers in the United States
- 98% Occupancy
- 262,556 SF
- Robust National Tenant Mix (comprising 85% of cash flow)
- Future Pad Development Opportunities