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Jones Lang LaSalle | 1400 Post Oak Boulevard, Suite 1100 | Houston, Texas 77056 | www.joneslanglasalle.com
For more information about this listing, visit: www.georgecushing.com.
SUGAR LAND PLAZA16,750 SF Retail / Medical Center at U.S. 59 & Sweetwater Blvd. 16550 Southwest Freeway | Sugar Land, Texas 77479100% Leased | NOI $426,954| Sales Price $6,100,000 | Cap Rate 7.0%
INVESTMENT SALES
GEORGE CUSHINGManaging Director(713) 425-5849
WENDY VANDEVENTERVice President
(713) [email protected]
MEAGHAN GALLACHERAnalyst
(713) [email protected]
FINANCING
JIMMY BOARDNational Director(713) 888-4029
FOR INQUIRIES CONTACT:
DISCLAIMERAlthough information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2014. Jones Lang LaSalle. All rights reserved.
INVESTMENT SUMMARY• Total GLA: 16,750 SF
• Land Area: 1.59 acres
• Leased: 100%
• 100% leased center with na-tional credit tenants Mattress Firm and Memorial Hermann.
• Situated at one of Sugar Land’s principal retail in-tersections, U.S. 59 & Sweetwater Boulevard, in the immediate proximity of some of the most acclaimed master-planned communities in Texas.
• Located in the residentially dense and affluent Sugar Land submarket with an average household income of over $138,000 within a one-mile-mile radius of the center.
• Opportunity for rental rate growth via market-rate renew-als and contractual rent steps.
• Free and clear of existing debt; available for new market-rate financing.
EllingtonField
0 3
Miles
59
59
59
290
59
59
90
90
225
35
3
288
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225
HOUSTON
WestUniversity
Place
SouthHouston
Bunker HillVillage
Hunters CreekVillage
BellairePasadena
GalenaPark
JacintoCity
Cloverleaf
Channelview
Crosby
Highlands
Humble
MeadowsPlace
SugarLand
MissouriCity
HOUSTON
WestUniversity
Place
SouthHouston
Bunker HillVillage
Hunters CreekVillage
BellairePasadena
GalenaPark
JacintoCity
Cloverleaf
Channelview
DeerPark
Crosby
Highlands
Humble
JerseyVillage
MeadowsPlace
SugarLand
MissouriCity
BrooksideVillage
HobbyAirport
SugarlandRegionalAirport
SanJacinto
State Park
La PorteMun.Airport
HobbyAirport
SugarlandRegionalAirport
BushIntercontinentalAirport
Univ. ofHouston
RiceUniversity
Univ. ofHouston
RiceUniversity
ReliantPark
Dwight D.Eisenhower
Park
AlexanderDeussen
Park
HermanBrownPark
SanJacinto
State Park
La PorteMun.Airport
ArmandBayouPark
Tom BassReg. Park
MemorialPark
Hou
ston
Tollway
Pkwy
.
CullinanPark
GeorgeBushPark
BearCreekPark
BarkerReservoir
LakeHouston
SheldonReservoir
10
10
10
10
610
610
610
610
45
45
45
45
45
249
6
90
90
Sam Houston Tollway
Sam
Hou
ston
Tollw
ay
Sam
Houston
Tollway
Ft.
Bend
Pkwy
.
WestparkWestparkTollway
TollR
d.
6
6
261
529
134
CentralBusinessDistrict
CentralBusinessDistrict
For more information about this listing, visit: www.georgecushing.com.
INVESTMENT SALES
GEORGE CUSHINGManaging Director(713) 425-5849
WENDY VANDEVENTERVice President
(713) [email protected]
MEAGHAN GALLACHERAnalyst
(713) [email protected]
FINANCING
JIMMY BOARDNational Director(713) 888-4029
FOR INQUIRIES CONTACT:
SUGAR LAND PLAZA