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Township Square

Under Contract

3434 FM 1092 Rd

$ 11,166,000

Under Contract
Cap Rate: 8.00%
Size: 66,058 SF
Lot Size: 6.28 Acres



Marcus & Millichap has been selected to exclusively market for sale the 66,058 square foot Township Square in Missouri City (Houston MSA), Texas. Built in 1985, Township Square is located at the signalized intersection of Farm to Market 1092 and Township Lane, both connecting to Texas South Highway 6. The offering is 76.25 percent occupied by an appealing mix of medical uses and retail tenants, many of which are nationally recognized. Consisting of four separate buildings on 6.28 acres of land, the property shares common access drives and landscaped pedestrian walkways allowing consumers to fluidly cross shop with retailers throughout the project. Township Square fronts on a five-lane domestic super street known as Farm to Market 1092, and is just north of the of high traffic Highway 6. Attracting over 46,000 cars per day in front of the property, FM 1092 is one of Houston’s main north/south thoroughfares connecting the highly acclaimed Riverstone community to Highway 6 and Highway 59 to the north.

Investment Highlights

  • 66,058 Square Feet | Four Buildings
  • Signalized Intersection | Frontage on Five-Lane Highway
  • 76.25 Percent Occupancy | Medical and Retail Tenants
  • Area Retailers: Walmart, Lowe’s, Kroger, Target, Home Depot
  • Triple Net Leases with Increases in Primary Term and Renewals
  • Average Household Income of $146,000 in One-Mile

Justin Miller

First Vice President Investments

(713) 452-4287


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