BTS/Ground Lease Opportunity-Parkway Place @ Eastchase Pkwy
Retail
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PROPERTY DESCRIPTION
Parkway Place is located at a key point on Eastchase Parkway and a short distance from The Shoppes at Eastchase. Eastchase Parkway is Montgomery's and the River Region's premier destination for shopping, dining, and community events. This open-air lifestyle center is anchored by Dillard's, Target, Kohl's, along with Costco and Hobby Lobby. Bonefish Grill, Firebirds, and Texas Roadhouse accompany the many other restaurants to satisfy every palate. There are a total of 14 hotels in and surrounding the Eastchase development creating a large market for restaurants and QSR. All this is complemented by landscaped walkways and fountains creating an inviting environment for all ages.
LOCATION DESCRIPTION
Parkway Place development is strategically located between I-85 exits 9 and 11, Taylor Road and Chantilly Parkway, which makes it easily accessible to the entire MSA trade area. Traffic count directly in front of Parkway Place is the highest traffic for the entire Parkway. Surrounded by retail, hotels, affluent housing, multi- family and class A offices.
Investment highlights
Developer is focusing on BTS and Ground Leases, and will consider opportunity to sell a prime retail pad with direct frontage on Eastchase Parkway, complete with a coveted signalized entrance. The developer's deliverables include essential infrastructure such as water, sewer, and storm sewer, as well as a traffic signal, entrance drive, and Eastchase Parkway curb cuts. Each lot is zoned B-2, offering versatile possibilities for retail, commercial, and mixed-use developments. Don't miss the chance to secure a sought-after location in the thriving Montgomery MSA area, with all the necessary groundwork in place for a seamless and successful venture. This is an exceptional chance to capitalize on a well-positioned retail pad with unparalleled visibility and access.
PROPERTY HIGHLIGHTS
-Over 1,400 hotel rooms within walking distance
-Signalized entrance
-Frontage on Eastchase Parkway, Zoned B-2
-At the hub of 1.5M square feet of retail synergy
-Exposure to 66,000 ADT on I-85 and 24,000 ADT on Chantilly Parkway located at the premier retail/hospitality hub for entire MSA
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