Peek Plaza II
Shopping Center | 7.0% Cap | National Tenants | NNN Leases
Investment highlights
New 2023 Construction - 10,005 Square Foot Shopping Center with Drive-Thru on End-Cap
Ease of Management - 100% Occupied with NNN Leases
Long-Term Leases - 10-Year and 5-Year Lease with Weighted Average Lease Term of 6.8 Years
High Traffic Location - Well Positioned on Grand Parkway North (Highway 99) with Excellent Visibility to 93,852 Average Vehicles Per Day
National Tenants - Both Tenants are Service-Based and Interne Resistant Retailers with Hundreds of Locations Nationally
Strong Demographics - Located in Fast-Growing and Affluent Katy Submarket with Population over 293,000 and Average Household Income over $113,000 within a 5-Mile Radius
Located in Growing Retail Trade Area - Nearby Major Attractions Include Walmart Supercenter, H-E-B, Kroger, HomeGoods, McDonald’s, Starbucks, Chickfil-A, Petco, and Many Other National Retailers
Surrounded by New Housing Developments - Brea Luxury Apartments (371 Units), Ascend at Ventana Lakes (303 Units), Linz Luxury Living Apartments (305 Units), and Morton Creek Ranch by Long Lake Single Family Home Development
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
