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Off Market
1/14

18722 University Blvd
Sugar Land, TX 77479


HIGHLIGHTS

  • The Marcel District is a lifestyle center built in 2021 in the 3,700-acre Riverstone mixed-use community offering retail, office, and medical spaces.
  • Eclectic tenant mix featuring Apex Executive Suites, Maharaja Grocery, Hazma Invests, Rejuven8 Medical, Wingology, Barrio Tacos, and more.
  • Median household income of $161,667, more than twice the national level, contributes to $560M in annual consumer spending within a two-mile radius.
  • Riverstone expects roughly 18,000 new residents by 2026 and the abounding Sienna Plantation and First Colony communities are just minutes away.
  • Pylon signage opportunity along University Boulevard receiving great exposure with combined traffic counts of more than 32,000 vehicles per day.
  • Sharing an intersection with other amenities and consumer draws like a dentistry, Kroger, Starbucks, F45 Training, CVS, gas stations, and Supercuts.

OVERVIEW

Witness why developers and tenants are captivated by the southwest Houston metro via a modern lifestyle center in the heart of Sugar Land’s top communities. Completed in 2021, The Marcel District redefines suburban developments by coalescing 41,875 square feet of retail and restaurant space with 27,000 square feet of office space within an open-air, campus-like environment. The buildings and storefronts flank a serene walkway with lush landscaping and canopies to ward off the sun, providing a delightful walk-through for shoppers and a lively atmosphere to energize office workers. The Marcel District is strategically positioned within Riverstone, a 3,700-acre mixed-use community bordered by similar projects, Sienna Plantation and First Colony. All three are considered top Texas destinations and have gained national recognition as some of the most rapidly expanding communities in the country. Sugar Land is a powerhouse in its own right as one of the ten fastest-growing cities in the US. The rental rate growth highlights that the area is flourishing. At the same time, the disciplined construction pipeline has kept vacancy rates far below the metro average and provides the opportunity to be one of the lucky few to undertake a prime footprint in this lucrative market.

FOR LEASE DETAILS

PRICE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Riverstone District

PROPERTY TYPE

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TOTAL BUILDING SIZE

41525

STORIES

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YEAR BUILT

2019

SPRINKLERS

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PARKING SPACES

393

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

0054-00-000-4832-907