18358 Interstate 45
Shenandoah, TX 77384
New Starbucks 20-Yr GL | 180,369 AADT | I-45 · Retail Property For Sale

The property is conveniently located just off of Interstate 45, with excellent visibility to 180,369 vehicles per day. Interstate 45 is Shenandoah’s primary transportation and retail corridor, and it provides access to The Woodlands and downtown Houston. The property is across from Portofino, a sizable shopping complex featuring beauty services, national chain stores, and casual dining options. The shopping center is anchored by Sam's Club, Stein Mart, and Old Navy and is tenanted by multiple major retailers, including DSW, Michaels, T.J. Maxx, Hallmark, Sally Beauty Supply, Men’s Wearhouse, and several others. The Woodlands Mall is also located less than two miles south of the property. The super-regional mall features over 1.35 million square feet of retail space, nearly 200 different stores and services, and five anchor stores: Dillard's, JCPenney, Macy's, Nordstrom, and a two-story Forever 21. Other notable retailers near the property include Home Depot, Target, Costco, Walmart, Lowe’s, Kohl’s, Best Buy, PetSmart, Ethan Allen, Red Lobster, and Outback Steakhouse, among many others. The property is centrally located near major schools, hospitals, sports facilities, and new developments. Lone Star College–Montgomery is just over a mile from the property. The college has an enrollment of 15,914 students and is part of the Lone Star College System, the largest institution of higher education in the Houston area and the fastest growing community college system in the United States, with more than 89,000 credit students each semester and a total enrollment of 99,000 students. The property is surrounded by a number of hospitals and medical facilities, including The Woodlands Medical Center, a 351-bed hospital that has frequently been named one of the best hospitals in the nation. Less than half a mile from the property is Woodforest Bank Stadium, a 9,600-seat football stadium and indoor swimming complex that hosts local high school teams. In 2018 and 2019, Woodforest Bank Stadium will be the site of the NCAA Division III Football Championship. Also less than half a mile from the property is MetroPark Square, a 70-acre mixed-use development slated to include apartments, hotels, entertainment, retail, restaurants, and high-rise office buildings. The development–which will open its retail phase in October 2018 and is expected to be fully completed by 2020–has the potential of adding $700 million in value to Shenandoah, further boosting the city’s already thriving retail sector. Additionally, the property is located within Global Shenandoah, an 8-acre mixed-use project that includes a mix of retail, restaurant, hotel, and medical office space near Vision Park Boulevard, Shenandoah’s medical hub.