 |
Coles Crossing
Shopping Center
12312-12320 Barker Cypress Rd.
Houston, Harris County, Texas
$12,300,000
Market Anchored * 42,096 SF *
7.0 cap on Jan 2008 annualized NOI
Property Description and Tenant Overview
|
| |
• |
INSTITUTIONAL QUALITY |
| |
|
DEVELOPED BY REGENCY CENTERS |
| |
|
|
| |
• |
STABILIZED TENANTS |
| |
|
100% LEASED |
| |
|
|
| |
• |
81% NATIONAL & REGIONAL |
| |
|
CHAIN TENANTS |
| |
|
Including Randall’s (Safeway) NAP |
| |
|
|
| |
• |
UPSIDE IN RENTS |
| |
|
|
| |
• |
HIGH GROWTH AREA |
| |
|
Over 145% since 2000. |
| |
|
|
| |
• |
STRONG DEMOGRAPHICS |
| |
|
Projected 2006 Avg. HH Income |
| |
|
Over $111,000. |
| |
|
|
| |
• |
NEW FINANCING AVAILABLE |
|
