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Market at Northpointe Tomball Pkwy & Windsor Pointe Dr 17,559 SF 100% Leased Retail Building Tomball, TX 77375 $8,595,000 ($489.49/SF) 6.55% Cap Rate
Investment Highlights
- CLASS A 2024 CONSTRUCTION WITH CLEAN INLINE DESIGN & PREMIUM STONE FAÇADE
- INVALUABLE DIRECT CROSS-TRAFFIC EXPOSURE VIA TOP RANKED MAIN EVENT & REGAL LONESTAR SHADOW ANCHORS
- AFFLUENT CONSUMER BASE WITH AVERAGE HOUSEHOLD INCOMES OF $150,000+, 30% HIGHER THAN THE NATIONAL AVERAGE
- PRIME POSITIONING ALONG TOMBALL PKWY (HWY 249), ONE OF NORTHWEST HOUSTON’S 2 PRIMARY ARTERIES INTO THE CITY | 166,000+ VPD
- STRONG TENANT MIX WITH 34% NATIONAL TENANCY COUPLED WITH POPULAR FAST-GROWING LOCAL CONCEPTS
Executive Summary
FOR SALE: New Class A Retail Center w/ Hwy 249 Frontage (166,000 VPD) & Top Ranked National Shadow Anchors | Houston MSA
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Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
17,559 SF
Building Class
B
Year Built
2024
Price
$8,595,000
Price Per SF
$489.49
Cap Rate
6.55%
NOI
$562,876
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
11.52 AC
Frontage
696’ on Tomball Parkway
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1330350010004 | Improvements Assessment | $2,510,741 |
| Land Assessment | $1,831,410 | Total Assessment | $4,342,151 |
Property Taxes
Parcel Number
1330350010004
Land Assessment
$1,831,410
Improvements Assessment
$2,510,741
Total Assessment
$4,342,151
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Market at Northpointe | Tomball Pkwy & Windsor Pointe Dr
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