Shops on Gosling Spring, TX (Houston MSA)

Unique opportunity to acquire a recently constructed center that features proven tenancy, immediate upside through the lease-up of remaining vacancy, and persistent rental appreciation

Diverse, service-oriented line-up comprised of relevant daily needs tenants including restaurants, medical and service uses, with the majority of leases featuring personal guarantees. Further, the Seller is committing to a two-year master lease at market rents for Suite 200

Exceptional demographics surrounding the asset with rapdily expanding population of over 205,000 people, discretionary household incomes of $86,000+ and average household incomes exceeding $111,000 (nearly 20% higher than the Houston MSA average)

Situated in close proximity to a regional employment hub and home to numerous corporate campuses including ExxonMobil, Hewlett Packard and Southwestern Energy, as well as CHI St. Luke's Hospital, underpinning a daytime population of 91,000 employees within five miles

With extensive frontage along Gosling Road, a top commuter and residential thoroughfare that connects The Woodlands trade area to the Grand Parkway, the Property is highly visible, easily accessible and benefits from exposure to a consistently increasing 27,000+ cars per day

Expansive parking lot not only supports the existing tenancy but will also aid future lease up efforts as the center can accommodate a variety of tenant uses

Property abuts The Woodlands, one of Houston’s most prestigious, affluent master-planned communities and is easily accessible to desirable neighborhoods with average home values ranging from $400,000 to over $1,500,000

With its nation-leading population and job growth, thriving economy, attractive rental rates, and pro-business environment, Texas is a prime destination for real estate investment