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29940046
29940047

7700 Hwy 6 N, Houston, TX 77095 For Sale

MV
TX TX 588047
Edge Realty Partners - Houston
Listed by Edge Realty Partners - Houston
Unpriced
144 days on market
Updated 2 days ago

Copperfield Place Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 14,050
Occupancy 100%
Tenancy Multi
Brand/Tenant FedEx
Year Built 1995
Buildings 1
Acreage 1.410
Parking Spaces 72 spaces
Parking per 1,000 SqFt 5.12
Investment Type Stabilized

Retail Center with Below Market Rents in Dense Master-Planned Community | Houston, TX

Investment highlights

  • High-quality neighborhood center with steady cash flow, below-market rents, favorable above-market administrative and management fee pass-throughs, and low operating costs, offering meaningful long-term upside

  • Diverse service-oriented, internet resistant tenant line-up poised to serve the dense surrounding residential trade area

  • Strong historical tenancy with both FedEx Office and Star Cleaners occupying the site for 30+ years, underpinning the viability and strong operating history of the center

  • Opportunity to maximize value and purchase well below replacement cost

  • Easily accessible from both State Highway 6, a dominant north-south thoroughfare and Longenbaugh Drive, with exposure to a combined 72,000 cars per day

  • Located within the desirable Copperfield trade area, a 2,000 acre master-planned community with average household incomes exceeding $104,000 within a one-mile radius

  • The property sits just 0.5 miles from the signalized intersection of Hwy 6 & Spencer Rd, benefiting from proximity to the 1.6MM SF Copperfield retail corridor, which generates more than 14.7MM annual visits (Placer.ai)

  • Strong regional daytime population of 295,000 people within a five-mile radius underpinned by northwest Houston’s dominant industrial hub

Listing Contacts

MV
TX TX 588047
Edge Realty Partners - Houston
Listed by Edge Realty Partners - Houston

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Additional Information

Name
Micha van Marcke, CCIM
License
TX 588047
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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