WATERSIDE MARKETPLACE
WEST GRAND PARKWAY SOUTH (HWY. 99) AND MASON ROAD
RICHMOND, TEXAS

UNDER CONTRACT

Sales Price: Unpriced
NOI: $683,174

  • Grocery shadow-anchored by a 123,000-square foot Kroger Marketplace, Kroger's first large store format hypermarket in Texas
  • Offering includes a free-standing Wells Fargo ground lease with primary term through 2023 and three 5-year options
  • Located in one of the fastest growing residential zip codes in the city of Houston and the 6th fastest in the country
  • Pivotal intersection that will be one of two controlled access points on Grand Parkway connecting drivers from Highway 90 to the Westpark Tollway
  • Projected population growth of over 40% in the one-mile radius by the year 2015
  • Three of the Top 10 fastest growing master-planned communities in the country are located in Fort Bend County
  • Institutional ownership and management
  • Available for new market-rate financing

     



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George Cushing
713.425.5849
Click to email george.cushing@am.jll.com   Click to download vCard

Wendy Vandeventer
713.425.5845
Click to email wendy.vandeventer@am.jll.com   Click to download vCard

 
Jones Lang LaSalle• 200 East Randolph Drive• Chicago, Illinois 60601• Tel: +1 312 782 5800• Fax: +1 312 782 4339 • www.joneslanglasalle.com
The information contained herein was obtained from sources believed reliable; however, Jones Lang LaSalle 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.