1415 LITTLE YORK RD Houston TX 77093

Cushman & Wakefield’s Texas Retail Investment Advisors are pleased to present the opportunity to acquire Little York Shopping Center, a ± 117,786square foot Sellers Brothers grocery anchored shopping center (“the Property”)located in Houston, Texas, one of the fastest growing metropolitan statistical areas in the United States. Currently 93% occupied, Little York Plaza is anchored by a strong performing Sellers Brothers Grocery Store and co-anchored by Dollar Tree, Fallas Paredes and Rent-A-Center.

The property is strategically situated in the heart of the “near north retail”submarket at the north east corner of the Hardy Toll Road and Little York Road and benefits from being the only shopping center on the Hardy Toll Way. The combined traffic counts at this intersection are over 52,000 vehicle per day and the 3 mile population is over 130,000 people with an average household income of over $43,000. The Hispanic population, in 3 miles, is over 85% and the submarket (located between Interstate 45, Interstate 69, and Beltway 8) is often referred by Houstonians as the “Golden Triangle” due to the preference of“cash” by the surrounding population. 

Sellers Brothers has been at this location for over 23 years. This location has had rising sales over the last four years and consistently hits percentage rent. With one of the top performing Sellers Brothers in Houston and the recent addition of Dollar Tree, the property will continue to serve as “The” local neighborhood shopping center for years to come.

Little York Plaza provides investors the opportunity to acquire a stable grocery anchored center, below replacement value, in a dense infill area of Houston, Texas.

INVESTMENT HIGHLIGHTS

* Solid Anchors

• Sellers Brothers Grocery Store, Dollar Tree, Fallas Paredes and Rent - A -Center
• Grocery Anchored - Sellers Brothers is one of the top performing stores in Houston chain which consistently pays percentage rent

* Stability

• Consistent Cash Flow – 93 % occupied with current tenants in -place an average of 9 years
• Credit and National tenants generate over 60 % of gross rents and occupy 70 % of gross leasable area

* Strategic Location

• Dominant and only retail center on the Hardy Toll Road . One of the largest centers on Little York Road between Interstate 45 and Interstate 69

* Dense Infill Location with Steady Growth

• Over 130 ,000 people with an average household income of over $43 ,000 and projected 5 year (2015 - 2020 ) household growth of 2 . 5 % in a 3 mile radius

* Solid Traffic Counts

• Exposure to over 52 ,000 vehicle per day at intersection

* Value -Add Potential

• Upside from below market rents and lease -up of 8 ,420 square feet of vacant space