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Valley Ranch Town Center US Hwy 59 & Grand Pky 1,200 SF of Retail Space Available in New Caney, TX 77357
HIGHLIGHTS
- Located at the rapidly-growing corridor of Interstate 69 (Highway 59) and the Grand Parkway (99)
- 240-acre developement with over 1.5 million square feet of retail and mixed-use
- Anchored by Academy, Kroger, Target, Cinemark, Burlington, TJ Max, Hobby Lobby, Ross, PetSmart, Rack Room Shoes, and Party City
- Valley Ranch Town Center is positioned in Montgomery County, the 18th fastest growing county in the nation
- Includes regional entertainment and civic destinations, including multiple sports complexes, planned amphitheater and 100 acres of public lakes/parks
- Includes The Pointe at Valley Ranch Town Center, a 336-unit (Phase one) upscale apartment complex
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
12029 Market Place Dr - 1st Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT VALLEY RANCH TOWN CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Academy Sports + Outdoors
- Sporting Goods
- 357
- National
- Kroger
- Supermarket
- 1,866
- National
- PetSmart
- Pet Shop/Supplies
- 1,784
- International
- Pop Shelf
- Retailer
- -
- -
- T.J. Maxx
- Unisex Apparel
- 1,630
- International
- Target
- Dept Store
- 2,405
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Academy Sports + Outdoors | Sporting Goods | 357 | National |
| Kroger | Supermarket | 1,866 | National |
| PetSmart | Pet Shop/Supplies | 1,784 | International |
| Pop Shelf | Retailer | - | - |
| T.J. Maxx | Unisex Apparel | 1,630 | International |
| Target | Dept Store | 2,405 | International |
PROPERTY FACTS
| Total Space Available | 1,200 SF | Center Properties | 24 |
| Center Type | Power Center | Gross Leasable Area | 635,132 SF |
| Parking | 1440 Spaces | Total Land Area | 94.56 AC |
| Stores | 68 | Year Built | 2017 |
| Total Space Available | 1,200 SF |
| Center Type | Power Center |
| Parking | 1440 Spaces |
| Stores | 68 |
| Center Properties | 24 |
| Gross Leasable Area | 635,132 SF |
| Total Land Area | 94.56 AC |
| Year Built | 2017 |
ABOUT THE PROPERTY
With an ideal location at the intersection of the Grand Parkway and I-69 (US 59 North), Valley Ranch Town Center takes center stage in the northeast Houston corridor just north of Kingwood. Fourteen lanes of freeway on I-69 and 10 lanes of the Grand Parkway make it easily accessible to some of the region’s most prominent employers such as Chevron Phillips, Entergy, Walmart Distribution Center, Weatherford International, as well as: Insperity: 2,200 employees, Splendora ISD: 1,000 employees, New Caney ISD: 2,500 employees, Kingwood Medical Center: 1,200 employees, and Lone Star College Kingwood: 12,057 Students. Located in the 7th fastest growing county in the nation, Montgomery County, Valley Ranch Town Center is situated within the thriving 1,400-acre master-planned community of Valley Ranch. The new 240-acre Valley Ranch Town Center is the largest retail project under construction in the Houston area at over 1.5 million square feet. Encompassing all the components of a true town center with over 1 million square feet of retail and more than 500,000 square feet of mixed-use development, Valley Ranch Town Center includes an entertainment district with a state-of-the-art Cinemark Theatre, 336 multi-family residences located in The Pointe at Valley Ranch Town Center, and community attractions including the massive 8,500-seat Texas Drive Stadium, 400-seat New Caney ISD Aquatic Center, Little League baseball complex and family activities at Ed Rinehart Park, and a planned 10,000-seat amphitheater. Bordering the hub of Valley Ranch Town Center is the 135-acre Town Grove Park, providing serene greenspace and over 100 acres of pristine lakes for events and gatherings. Valley Ranch Town Center will soon be a destination for residents and visitors, with entertainment, shopping, dining, parks and open space for community events. Join the line-up of leading national tenants which includes Kroger’s, Target, Academy Sport and Outdoors, TJ Maxx, Ross, Ulta, Burlington, Party City, Rack Room Shoes, along with a great restaurant offering such as Gringo's Tex Mex, Chili’s, Chick-fil-A, Whataburger, Shogun Japanese, Five Guys, Toasted Yolk, Schlotzsky’s, Buffalo Wild Wings, Airi Poke, and Salt Grass Steak House. Valley Ranch Town Center provides a truly unique shopping and dining experience to the residents and nearby employees alike.
NEARBY MAJOR RETAILERS
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Valley Ranch Town Center | US Hwy 59 & Grand Pky
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