PROPERTIES FOR SALE
PROPERTY
LOCATION
MAJOR
TENANTS
SALES
PRICE
CAP
RATE
GLA
% LEASED

LOUETTA CENTRAL
Interstate 45 at Louetta Road
Spring (Houston), Texas

ASSUMABLE FINANCING

Kohl's
Ross Dress for Less
Michaels
Famous Footwear
$21,800,000
9.25% Cap
±179,995 SF
100% Leased

EL DORADO MARKETPLACE
Clear Lake/Bay Area
Houston, Texas

ASSUMABLE FINANCING

Kohl's
Babies R Us
Payless ShoeSource
$24,250,000
9.00% Cap
±182,889 SF
98.61% Leased

2101 SMITH STREET
Smith Street at Gray
Midtown Houston, Texas

ASSUMABLE FINANCING

Starbucks
Quiznos
T-Mobile
$3,950,000
7.12% Cap
±13,772 SF
100% Leased

KILLEEN MARKETPLACE
E. Central Texas Expressway
(Hwy. 190) at Illinois Avenue
Killeen, Texas


Best Buy
Ross Dress for Less
Staples
$14,920,000
8.63% Cap on Pro Forma; 8.50% Cap on Actuals
±115,203 SF
98.16% Leased

PARK PLAZA SHOPPING CENTER
State Highway 14 at
General Doolittle Avenue
Lake Charles, Louisiana

Kroger
Conn's
$12,140,000
9.00% Cap on Actuals
±172,949 SF
97.84% Leased

FREESTANDING STARBUCKS
NEW CONSTRUCTION

43rd and Ella Boulevard
Houston, Texas

Starbucks
$812.000
7.00% Cap
±1,750 SF
100% Leased

PALMER PLAZA SHOPPING CENTER
Highway 146 and FM 1764
Texas City, Texas

Dollar Tree
EZ Pawn
$8,634,000
9.00% Cap
on Actual NOI
±96,526 SF
92.46% Leased

ROSE-RICH SHOPPING CENTER
Avenue H (U.S. Hwy 90A) between
Wilson Drive and Lane Drive
Rosenberg, Texas

Palais Royal
Family Dollar
Blockbuster
$9,780,000
8.00% Cap on Actuals
±102,741 SF
91.52%% Leased

PARLIAMENT SQUARE
SHOPPING CENTER

West Avenue at Blanco Rd.
San Antonio, Texas

Anytime Fitness
Car-X
Cato
Incredible Pizza (shadow anchor)
$7,400,000
9.24% Cap
±64,950 SF
80.96% Leased

 

Grubb & Ellis Company• 1330 Post Oak Boulevard, Suite 1400• Houston, Texas 77056• 713.626.8888 fax 713.626.2288• www.grubb-ellis.com
The information contained herein was obtained from sources believed reliable; however, Grubb & Ellis Company makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice. All persons and firms named in this Offering are licensed brokers or salespersons.