Colonnade of The Woodlands
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Colonnade of The Woodlands
4 Retail Properties in The Woodlands, TX
Investment Highlights
- Rare, high quality established retail development is one of the very few privately owned properties located in the The Woodlands
- Property features below market rents and operating expenses, underpinning long-term value creation.
- Seven of the Property’s tenants, accounting for over 21,000 SF, have been operating at the Property for over seven years proving the viability and str
- Well-maintained asset features high quality construction and recently underwent numerous upgrades including a new monument sign and exterior paint.
- The center is surrounded by over 38,000 single family homes within a five-mile radius with median household incomes exceeding $139,000.
- The Property consists of a diversified line up of daily needs tenants with focuses on restaurants, service, medical, recreational and veterinary uses.
Executive Summary
*Under Contract.
Edge Realty Capital Markets is pleased to present the opportunity to acquire Colonnade of the Woodlands (“Property”), a 42,030 square foot, neighborhood retail center located in The Woodlands, Texas. This fully leased center is comprised of four high quality, multi-tenant retail buildings. The Property is leased to a diverse tenant mix of national, regional and local tenants, with an internet resistant lineup of restaurants, medical, service, art and recreational uses. Well-maintained, the asset features recent capital improvements including a new monument sign as well as a repainted exterior.
The Property is located within The Woodland’s 28,000-acre master planned community, a highly coveted trade area which is consistently recognized nationally as one of the 'Best Cities in America to Live'. Positioned near the lighted intersection of FM 2978 and Woodlands Parkway, the Property is easily accessible and abuts the prestigious golf course community of Sterling Ridge Village, which is comprised of 5,100+ sought after households with home values ranging from $550,000 to more than $2,000,000. With the immediate area boasting some of the highest home values in the city, the Property supports a well-educated and affluent population, promoting long-term success and viability for the Property's restaurant, fitness and service retail tenants.
Edge Realty Capital Markets is pleased to present the opportunity to acquire Colonnade of the Woodlands (“Property”), a 42,030 square foot, neighborhood retail center located in The Woodlands, Texas. This fully leased center is comprised of four high quality, multi-tenant retail buildings. The Property is leased to a diverse tenant mix of national, regional and local tenants, with an internet resistant lineup of restaurants, medical, service, art and recreational uses. Well-maintained, the asset features recent capital improvements including a new monument sign as well as a repainted exterior.
The Property is located within The Woodland’s 28,000-acre master planned community, a highly coveted trade area which is consistently recognized nationally as one of the 'Best Cities in America to Live'. Positioned near the lighted intersection of FM 2978 and Woodlands Parkway, the Property is easily accessible and abuts the prestigious golf course community of Sterling Ridge Village, which is comprised of 5,100+ sought after households with home values ranging from $550,000 to more than $2,000,000. With the immediate area boasting some of the highest home values in the city, the Property supports a well-educated and affluent population, promoting long-term success and viability for the Property's restaurant, fitness and service retail tenants.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | In Exchange | Total Building Size | 40,852 SF |
| Number of Properties | 4 | Total Land Area | 5.73 AC |
| Sale Type | Investment |
| Status | In Exchange |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 40,852 SF |
| Total Land Area | 5.73 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg C
30420 Fm-2978 Pky, The Woodlands, TX 77382 |
Retail | 8,690 SF | 2009 | - |
|
Bldg D
30420 Fm-2978 Pky, The Woodlands, TX 77382 |
Retail | 8,300 SF | 2009 | - |
|
Bldg B
30420 Fm-2978 Pky, The Woodlands, TX 77382 |
Retail | 9,740 SF | 2009 | - |
|
Bldg A
30420 FM 2978 Rd, The Woodlands, TX 77382 |
Retail | 14,122 SF | 2009 | - |
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Colonnade of The Woodlands
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