Jones Lang LaSalle | 1400 Post Oak Boulevard, Suite 1100 | Houston, Texas 77056 | www.joneslanglasalle.com For more information about this listing, visit: www.georgecushing.com. SUGAR LAND PLAZA 16,750 SF Retail / Medical Center at U.S. 59 & Sweetwater Blvd. 16550 Southwest Freeway | Sugar Land, Texas 77479 100% Leased | NOI $426,954| Sales Price $6,100,000 | Cap Rate 7.0% INVESTMENT SALES GEORGE CUSHING Managing Director (713) 425-5849 [email protected]WENDY VANDEVENTER Vice President (713) 425-5845 [email protected]MEAGHAN GALLACHER Analyst (713) 425-5846 [email protected]FINANCING JIMMY BOARD National Director (713) 888-4029 [email protected]FOR INQUIRIES CONTACT:
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SUGAR LAND PLAA - JLLmarketing.joneslanglasalle.com/.../sugarlandplaza/SugarLandPlazaFl… · L NOI S P C R INVESTMENT SALES GEORGE CUSHING Managing Director (713) 425-5849 [email protected]
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Jones Lang LaSalle | 1400 Post Oak Boulevard, Suite 1100 | Houston, Texas 77056 | www.joneslanglasalle.com
For more information about this listing, visit: www.georgecushing.com.
SUGAR LAND PLAZA16,750 SF Retail / Medical Center at U.S. 59 & Sweetwater Blvd. 16550 Southwest Freeway | Sugar Land, Texas 77479100% Leased | NOI $426,954| Sales Price $6,100,000 | Cap Rate 7.0%
• 100% leased center with na-tional credit tenants Mattress Firm and Memorial Hermann.
• Situated at one of Sugar Land’s principal retail in-tersections, U.S. 59 & Sweetwater Boulevard, in the immediate proximity of some of the most acclaimed master-planned communities in Texas.
• Located in the residentially dense and affluent Sugar Land submarket with an average household income of over $138,000 within a one-mile-mile radius of the center.
• Opportunity for rental rate growth via market-rate renew-als and contractual rent steps.
• Free and clear of existing debt; available for new market-rate financing.
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Place
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Bunker HillVillage
Hunters CreekVillage
BellairePasadena
GalenaPark
JacintoCity
Cloverleaf
Channelview
Crosby
Highlands
Humble
MeadowsPlace
SugarLand
MissouriCity
HOUSTON
WestUniversity
Place
SouthHouston
Bunker HillVillage
Hunters CreekVillage
BellairePasadena
GalenaPark
JacintoCity
Cloverleaf
Channelview
DeerPark
Crosby
Highlands
Humble
JerseyVillage
MeadowsPlace
SugarLand
MissouriCity
BrooksideVillage
HobbyAirport
SugarlandRegionalAirport
SanJacinto
State Park
La PorteMun.Airport
HobbyAirport
SugarlandRegionalAirport
BushIntercontinentalAirport
Univ. ofHouston
RiceUniversity
Univ. ofHouston
RiceUniversity
ReliantPark
Dwight D.Eisenhower
Park
AlexanderDeussen
Park
HermanBrownPark
SanJacinto
State Park
La PorteMun.Airport
ArmandBayouPark
Tom BassReg. Park
MemorialPark
Hou
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Tollway
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CullinanPark
GeorgeBushPark
BearCreekPark
BarkerReservoir
LakeHouston
SheldonReservoir
10
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610
610
610
45
45
45
45
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CentralBusinessDistrict
CentralBusinessDistrict
For more information about this listing, visit: www.georgecushing.com.