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300 Northpark Dr
Kingwood, TX 77339
Kingwood Plaza · Retail Property For Sale
Investment Highlights
- Positioned at the signalized intersection of Highway 59 (US-69) & Northpark Drive
- 109,825 residents within a 5-mile radius
- Available individually or as part of a six-property Houston MSA retail portfolio
- 100% occupied | 8 NNN tenants | staggered leases through 2033
- Kingwood, second only to The Woodlands in size and prestige in the Houston MSA
Executive Summary
Alison Commercial Group presents Kingwood Plaza, a fully leased, 19,428 SF multi-tenant retail center positioned at the signalized intersection of Highway 59 (US-69) and Northpark Drive in Kingwood, Texas.?
The property is 100% leased to eight NNN tenants with staggered lease terms through 2033, offering investors a stable, management-light income stream in one of Houston's most prestigious master-planned communities.?
The center benefits from 36,880+ vehicles per day on Northpark Drive, two points of ingress/egress, and prominent pylon signage.? The surrounding trade area boasts 109,825 residents and an average household income of $105,492, well above the national average within a community second only to The Woodlands in size and prestige in the Houston MSA.?
This property is part of a 6-property Houston MSA retail portfolio. Available for individual purchase or as part of a portfolio/bulk acquisition. Contact listing broker for portfolio pricing and details.
The property is 100% leased to eight NNN tenants with staggered lease terms through 2033, offering investors a stable, management-light income stream in one of Houston's most prestigious master-planned communities.?
The center benefits from 36,880+ vehicles per day on Northpark Drive, two points of ingress/egress, and prominent pylon signage.? The surrounding trade area boasts 109,825 residents and an average household income of $105,492, well above the national average within a community second only to The Woodlands in size and prestige in the Houston MSA.?
This property is part of a 6-property Houston MSA retail portfolio. Available for individual purchase or as part of a portfolio/bulk acquisition. Contact listing broker for portfolio pricing and details.
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
19,428 SF
Building Class
C
Year Built
2018
Cap Rate
6.50%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
2.00 AC
Zoning
None
Parking
100 Spaces (5.15 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 6433-15-00102 | Improvements Assessment | $6,643,182 CAD |
| Land Assessment | $1,465,215 CAD | Total Assessment | $8,108,397 CAD |
Property Taxes
Parcel Number
6433-15-00102
Land Assessment
$1,465,215 CAD
Improvements Assessment
$6,643,182 CAD
Total Assessment
$8,108,397 CAD
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