
Copperfield Place Center
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
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