Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2014
Building Area Net
Land Area Net ()
Rentable Area
Occupancy 97.0 %

Property description

JLL is pleased to offer to opportunity to acquire Tanglewood Court (the “Property”), a 100% leased, H-E-B grocery anchored shopping center serving Houston’s most affluent and densely populated neighborhoods. The permanence of the location is solidified by access to the city’s best public and private schools, premier retail destinations, the vibrant Galleria/Uptown business district, and top parks and recreation sites such as Memorial Park and Houston Country Club.


Developed in 2014, Tanglewood Court is comprised of 125,500 SF with a 7.1 Year weighted average remaining lease term. The Property is situated on an irreplaceable 12.1 acre urban in-fill site, and is one of the largest land assemblages within the area. Located in the Galleria/Uptown submarket, the Property also draws from a day time population of more than 200,000 residents, employees and visitors. Tanglewood Court offers investors the unique opportunity to own an H-E-B anchored retail center in Urban Houston while enjoying the security of stable income, steady contractual rent increases, and long-term wealth preservation underpinned by a 12.1 acre land assemblage within Houston’s most sought after residential neighborhoods and business district.


Ownership is also currently marketing Pasadena Plaza, a 76,000 square foot Vons grocery-anchored shopping center in Pasadena, CA. Investors interested in more information on this property can contact Robb Wehmueller at Eastdil Secured (415-228-2850; rwehmueller@eastdilsecured.com)

Investment highlights

  • EXCEPTIONALLY STRONG DEMOGRAPHICS, HOME VALUES AVERAGING $825,000 WITHIN A 3-MILE RADIUS
  • COMPLEMENTARY NATIONAL TENANT MIX
  • SITUATED IN THE GALLERIA/UPTOWN SUBMARKET, HOUSTON’S PREMIER SHOPPING DESTINATION & BUSINESS DISTRICT
  • #5 RANKED NEIGHBORHOOD CENTER ACROSS HOUSTON
  • 12.1 ACRES SITE PROVIDES OPPORTUNITY TO VERTICALLY DEVELOP IN THE FUTURE
Last Updated Date: 15 Sep 2022

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 15 Sep 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.