Deerbrook Marketplace

JLL is pleased to offer the opportunity to acquire Deerbrook Marketplace, an institutionally owned and operated regional power center located in the heart of Northeast Houston at the intersection of I-59 and FM 1960. The property boasts a strong line up of national tenants and high visibility to over 174,000 vehicles per day. Currently 82.2% leased, the property provides buyers with the opportunity to add significant value via lease-up of highly desirable and historically well-leased vacancies. With over 2.5 million visiting shoppers in 2020, Deerbrook Marketplace is in the 91st percentile of Houston MSA shopping centers and represents a rare opportunity to acquire highly visible Class A real estate in a quality suburban location.

• 5.5 Years of in-place WALT
• Value-Add Opportunity at 82% Occupancy
• Diverse Rent Roll of National Retailers
• Highest Traffic Intersection in NE Houston with 174,000+ VPD