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12002 Southwest Fwy 153,583 SF 50% Leased Retail Building Meadows Place, TX 77477 For Sale

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INVESTMENT HIGHLIGHTS

  • Excellent highway visibility along Interstate 69 with traffic counts in excess of 200,000 vehicles per day.
  • Available for sale or lease.
  • Positioned seven minutes away from Sugar Land, which was ranked in the top 10 fastest-growing cities in the US for 2022.

EXECUTIVE SUMMARY

Seize the moment and enter the flourishing Southwest Houston market with this sale or lease opportunity along Interstate 69.

The 158,379-square-foot building is located at 12002 Southwest Freeway and receives exposure from more than 200,000 vehicles daily. It is ideal for showroom/destination retail or flex services, with six loading docks and abundant parking spaces. The flexible retail building is situated within a brimming thoroughfare of highly desirable shopping destinations, such as The Fountains, which sits on the same side of the freeway, forming a synergetic community.

Southwest Houston is an ideal location for any client-facing organization as it has seen some of the fastest growth in Texas and has garnered attention from national players for its rapid expansion. The household growth rate seen from 2010 to 2022 is projected to double through 2027 within a 3-mile radius, plus, nearby Sugar Land was ranked in the top 10 for fastest-growing cities in 2022. Within a 10-mile radius, there is nearly $16 billion in annual consumer spending, and that figure is expected to edge toward $19 billion by 2027. Get in touch.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
153,583 SF
Building Class
C
Year Built
1993
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.40
Lot Size
8.81 AC
Zoning
SY
Parking
1,000 Spaces (6.51 Spaces per 1,000 SF Leased)
Frontage
838’ on Dorrance Ln

AMENITIES

  • Freeway Visibility
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 32,550 SF
  • Retail
  • Outparcel
  • Now
  • 1st Floor
  • 6,000-10,000 SF
  • Industrial
  • -
  • Now

Warehouse space

  • 1st Floor
  • 35,000 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 32,550 SF Retail Outparcel Now
1st Floor 6,000-10,000 SF Industrial - Now
1st Floor 35,000 SF Retail - Now

1st Floor

Size
32,550 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size
6,000-10,000 SF
Space Use
Industrial
Position
-
Available
Now

1st Floor

Size
35,000 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 32,550 SF
Space Use Retail
Position Outparcel
Available Now

1st Floor

Size 6,000-10,000 SF
Space Use Industrial
Position -
Available Now

Warehouse space

NEARBY MAJOR RETAILERS

Starbucks
Chase
Amegy Bank
Torchy's Tacos
Waffle House
Denny's
Tim Hortons
Hopdoddy Burger Bar
Snooze An A.M. Eatery
Retro Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0101-00-000-1430-907
Land Assessment
$4,372,321
Improvements Assessment
$2,527,679
Total Assessment
$6,900,000
  • Listing ID: 32234472

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 12002 Southwest Fwy, Meadows Place, TX 77477

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