30420 FM 2978 Rd - 30420 FM 2978 Rd, The Woodlands, TX 77354
Property Details
Quality Investment Opportunity: High quality established retail development located in the heart of The Woodlands, one of Houston’s most well-known, affluent and deed restricted master-planned communities.. Sustainable Rents and Operating Expenses: With rents and operating expenses on the rise over the last 5 years, Colonnade of the Woodlands provides a great value for both investors and tenants with averaged rents at $25.27/SF and operating expenses at $9.88/SF.. Affluent Housing Market: The center is surrounded by over 47,000 single family homes within a three-mile radius with median household incomes exceeding $154,000 within one mile of the Property. . Diversified, Internet Resistant Tenant Mix: The Property consists of a diversified line up of tenants with focuses on restaurants, service, medical, recreational and veterinary uses. Legacy Tenancy: Seven of the Property’s tenants, accounting for over 16,000 SF, have been operating at the Property for over seven years proving the viability and strong operating history of the center.
- Property TypeRetail
- Last updatedDec 15, 2023
- Property ID2231531