Value add opportunity through future expansion and improving current Economic Occupancy
Affluent surrounding population with average household incomes above $125,000 in a 3-Mile Radius
Strong population growth since 2010 at an annual rate of 1.50%, with projected population growth of 1.80% annually for the next 5 years
Strategically located in the path of growth on FM 2493, which sees over 23,000 VPD
Attractive stabilized yields in the 8%-9%+ range
Operational improvements available as the current owners collect very minimal ancillary income streams such as Tenant Insurance, Administrative Fees, Late Fees while also doing very little in advertising