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This exceptional 42,030 square foot shopping center in The Woodlands, TX (Montgomery County, zip code 77354), boasts a 100% occupancy rate and a strong NOI of $1,088,328. Built in 2007, the property comprises four buildings situated on a 5.6-acre lot at the highly visible intersection of FM 2978 and Woodlands Parkway. Its prime location within the affluent Sterling Ridge Village, a master-planned community with homes valued from $500,000 to over $5,000,000, ensures a high-income demographic. The center features a diverse tenant mix of national, regional, and local businesses, including restaurants, medical services, and recreational facilities, creating an internet-resistant portfolio. Seven tenants, occupying over 16,000 square feet, have been established for over seven years, demonstrating the center's long-term viability. The property benefits from a median household income exceeding $154,000 within a one-mile radius and over 47,000 single-family homes within a three-mile radius, further solidifying its strong market position. The Woodlands' master-planned community restrictions limit new retail development, creating high barriers to entry and ensuring sustained value. Average rents are $25.27/SF and operating expenses are $9.88/SF. This stabilized investment opportunity presents a compelling return for discerning investors.
Highlights
High-quality, established retail center in The Woodlands, TX's affluent Sterling Ridge Village.
Average rents of $25.27/SF and operating expenses of $9.88/SF.
Prime location at FM 2978 and Woodlands Parkway intersection.
Diverse tenant mix including restaurants, medical, and recreational uses, creating an internet-resistant portfolio.
Seven tenants (16,000+ SF) have occupied the center for over seven years.
Strong demographics: over 47,000 single-family homes within a three-mile radius and median household income exceeding $154,000 within one mile.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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