For Sale
Cap Rate: Confidential
Size: 20,477 SF
Lot Size: 2.30 Acres
Strategic Infill Location
• Located along TX-146 in La Porte, a high-traffic retail corridor linking to SH 99
(Grand Parkway)
• Positioned within the greater Houston MSA, one of the fastest-growing metros in the U.S.
• Adjacent to major industrial hubs, Port of Houston, and employment centers
• Dense surrounding residential population supporting daily retail demand
NNN Lease Structure (Passive Investment)
• Triple-net (NNN) leases across all tenants
• Tenants reimburse for CAM, insurance, and property taxes
• Limited landlord responsibilities
• Predictable and stable cash flow
Houston MSA Market Strength
• Located within a 7.6M+ population metro
• Strong job growth driven by logistics, energy, and healthcare
• Continued population growth fueling retail demand
• Business-friendly environment with no state income tax
Below-Market Rents & Upside Potential
• Average in-place rents below comparable market rates
• Built-in rental growth through renewals and leasing of vacancy
• Opportunity to enhance long-term yield
Anchor Tenant Stability
• Dollar Tree serves as the primary anchor tenant and recently extended its lease
• 16,000+ locations nationwide with strong brand recognition
• Discount retail model performs well across economic cycles
• Drives consistent daily traffic to the center
