ATTRACTIVE REDEVELOPMENT PROJECT – The property is situated on a large ±1.80 AC lot with roughly 35,800 vehicles per day. The site is zoned for general commercial allowing various retail establishments.
STRONG RETAIL SYNERGY – The subject property is located near H-E-B, Kroger, CVS Pharmacy, Fresenius Kidney Care, Davita Dialysis, ALDI, Planet Fitness, Chase, Pep Boys, McDonald’s, Jack in the Box, AutoZone, Take 5, Harbor Freight, and more. The subject property is also surrounded by dozens of apartments and single-family homes.
CORPORATELY GUARANTEED NNN LEASE – The property benefits from a fully guaranteed lease with roughly 3 years remaining from a credit rated tenant with zero landlord responsibilities.
DENSE DEMOGRAPHICS – Houston is the fifth most populous metro in the country, second in Texas behind Dallas-Fort Worth. There are over 264,462 residents within a 5-mile radius of the subject property with an average household income of approximately $112,926.
RECENT CITY IMPROVEMENTS – Holt Lunsford Commercial Investments is set to develop a 254,800 SF industrial park on a ±23 AC site located on 11010 Jones Road. The project includes a ±204,800 SF front-load facility and a ±50,000 SF rear-load facility. A new retail strip center, totaling ±45,822 square feet, is under development at 8301 Jones Road. The Residences at Arbor Oaks located on 13101 Jones Road were recently completed in 2023, comprising 192 units.