LE Capital Partners is pleased to present the exclusive sale of a retail center building strategically located on State Highway 6 and Westheimer Road that boast over 100,000 vehicles per day. The property consists of 8,691 square feet of building space and is situated on 1.607 acres of land. This irreplaceable asset is being offered at a 7.50% CAP rate featuring with two strong restaurants operators with over ten year leases remaining that has occupied the center for over six years.
The Subject Property is a prime retail pad site to The Village at West Oaks, a 264,301 square foot shopping center that serves all of Southwest Houston. The shopping center contains major retailers such as Best Buy, Academy Sports & Outdoors, Ross Dress for Less that contribute towards the high daytime activity. The property has approximately 117,528 people residing within a three-mile radius and 332,088 people within a five-mile radius.