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The Shoppes at Northpointe Crossing 2 Retail Properties in Tomball, TX
INVESTMENT HIGHLIGHTS
- Exclusive retail offering within a notable northwest Houston mixed-use development
- Exceptional demographics surrounding the Property with a five-mile population of over 200,000 people and average household incomes exceeding $113,000
- Superior circulation throughout the Property with cross access to adjacent properties, direct connectivity to Northpointe Blvd
- Asset comprised of two stabilized multi-tenant retail centers, offering consistent cash flow and long-term upside through rental appreciation
- Prominent frontage along Tomball Parkway (Hwy 249) just south of the Grand Parkway, provides exposure to over 110,000 cars per day
- New management as of January 2024 bolsters streamlined operations and accounting
EXECUTIVE SUMMARY
Exclusive retail offering within a notable northwest Houston mixed-use development. Asset comprised of two stabilized multi-tenant retail centers, offering consistent cash flow and long-term upside through rental appreciation and built-in rental escalations.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 27,795 SF |
| Number of Properties | 2 | Total Land Area | 8.61 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 27,795 SF |
| Total Land Area | 8.61 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Building 1
24435 Tomball Pky, Tomball, TX 77375 |
Retail | 13,975 SF | 2017 | - |
|
Building 2
24441 Tomball Pky, Tomball, TX 77375 |
Retail | 13,820 SF | 2017 | - |
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The Shoppes at Northpointe Crossing
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