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22160359
22160360

10251 North Fwy, Houston, TX 77037

RW
TX 475762
JLL - Houston, Texas
JLL - Houston, Texas
JLL - Houston, Texas
Listed by JLL - Houston, Texas
Unpriced
456 days on market
Updated 9 days ago

West Road Plaza

Details
Property Type Retail
Sub Type Grocery Store, Shopping Center (+1)
Square Footage 419,731
Occupancy 96.75%
Tenancy Multi
Brand/Tenant Taco Bell, Dollar Tree (+6)
Year Built 1992
Year Renovated 2016
Buildings 8
Acreage 45.090
Parking Spaces 2,292 spaces
Parking Per SqFt 5.46

Retail | 419,731 SqFt

Marketing description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present West Road Plaza (the “Property”), a 419,731 square foot 97% leased grocery-anchored shopping center located in the thriving Near North submarket of Houston, TX. This exceptional investment opportunity is anchored by Joe V’s Smart Shop, a premier discount grocer backed by Texas’ leading grocer, H-E-B. The Property offers an incredible value-add opportunity with 34% below market rents and availability for a further pad site development. Strategically positioned on the southwest corner of I-45 and West Road, the Property is situated in the major retail node of the North Houston / Greenspoint submarket, benefiting from its immediate location along the I-45 corridor. The center boasts a diverse mix of top-performing national tenants, including four ground lease pads, providing secure cash flow and additional upside potential. With its highly trafficked location and expansive trade area, West Road Plaza serves one of Houston’s major population centers, making it a coveted offering in the market.

Investment highlights

  • Significant Value-Add

  • Grocery Shopping Center Backed By Texas' Top Grocer: H-E-B

  • Top Ranked Tenancy

  • Located at Ground Zero of Major Trade Area in North Houston

  • Highly Trafficked Location with Expansive Draw

Listing Contacts

RW
TX 475762
JLL - Houston, Texas
JLL - Houston, Texas
JLL - Houston, Texas
Listed by JLL - Houston, Texas

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