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Attributes
Year Built | 2008 |
Building Area Gross |
|
Occupancy | 100.0 % |
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the fee-simple interest in Rayford Village, located along Rayford Road in Spring, Texas, approximately one mile north of the Grand Parkway, Houston’s newest outer loop. The site benefits from several corporate relocations, proximity to the strong Rayford Crossing Retail Corridor, and significant residential growth as some of Houston’s fastest growing master-planned communities such as Woodson’s Reserve, Harmony, and The Falls at Imperial Oaks are located within a 3-mile radius of the center. Each building within Rayford Village can be purchased together or individually. Both assets provide investors the opportunity to increase NOI over the course of the hold period as the growing Spring economic base continues to densify the surrounding population.
Investment Highlights
- Strong surrounding performing retail corridor
- Proximity to Grand Parkway
- Grand Parkway access makes site convenient to both residential and workforce customers
- Fast growing family-oriented surrounding population