West Road Plaza
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
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