Multi-Tenant    

Sedona Lakes Plaza

 Manvel, TX

Asking Price

$7,000,000

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Strong

Rental Increases

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Lease Type

NNN

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100% Leased

New 2023 Construction

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Average Lease Term

Over 6 Years

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Excellent Demographics

+163k Avg HHI (1-Mi)

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • 100% Leased, New Construction Class “A” Retail Center
  • Over 6 Years Of Weighted Average Lease Term Remaining With All Leases Not Expiring Until 2029 Or Later 
  • Anchored By Behavioral Innovations (Almost 70 Locations In TX, OK & CO)
  • Other Tenants Include HOTWORX  (700+ Locations), Smart Core Labs (2 Locations), Perk Dental (10+ Years Experienced Doctors), and Hando Coffee Bar  (Locally Owned / Personal Guaranty)
  • Five Tenants With NNN Leases = Ease Of Management
  • Strong Rental Increases in the Primary Term
  • Excellent Visibility Located Just Off The South Freeway With Over 38,000 Cars Per Day
  • Over 5.1 Million Sf Of Retail Nearby With Vacancy Less Than 3%
  • Excellent Demographics With Highly Affluent Customers - Over 144,000 Population Within 5 Miles And Over $163,000 Average Household Income Within 1 Mile

Exclusively Listed By

Brian Lane

Senior Associate
  blane@northmarq.com   

In Association With
Jim Gibson

TX Lic. # 392926

Northmarq

One Riverway Drive, Suite 1600
Houston, TX 77056


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