The Offering

 

JLL is pleased to offer the opportunity to acquire The Shoppes at Kingsgate (the “Property”), a grocery anchored shopping center in the densely populated and affluent Kingwood, TX. The Property is home to a well balanced mix of national and local retailers including ALDI, Dollar Tree, Painted Tree and Tuesday Morning. The 95.5% leased property ideally sits along Kingwood Drive at the main entrance to the Kingwood Master Planned Community with excellent visibility to over 41,000 vehicles per day.

 Property Summary

 

LOCATION:

1113 - 1387 Kingwood Dr.

Kingwood, Texas 77339

YEAR BUILT:

1980 & 1987

GROSS LEASABLE AREA:

156,343 SF

LAND AREA:

14.78 Acres

OCCUPANCY:

95.5%

PARKING:

756 Spaces (5.57/1,000 SF)

TRAFFIC COUNTS:

Kingwood Drive: 41,257 VPD

INVESTMENT AND DEBT ADVISORS

RYAN WEST

Senior Managing Director

+1 713 852 3535

ryan.west@jll.com  

JOHN INDELLI

Director

+1 713 852 3407

john.indelli@jll.com  

MICHAEL KING

Director

+1 713 852 3476

michaelj.king@jll.com  

CLAY ANDERSON

Analyst

+1 713 243 3388

clay.anderson@jll.com  

SHERRI ROLLINS

Vice President

+1 713 852 3537

sherri.rollins@jll.com