*Under Contract.
Edge Realty Capital Markets is pleased to present the opportunity to acquire Colonnade of the Woodlands (“Property”), a 42,030 square foot, neighborhood retail center located in The Woodlands, Texas. This fully leased center is comprised of four high quality, multi-tenant retail buildings. The Property is leased to a diverse tenant mix of national, regional and local tenants, with an internet resistant lineup of restaurants, medical, service, art and recreational uses. Well-maintained, the asset features recent capital improvements including a new monument sign as well as a repainted exterior.
The Property is located within The Woodland’s 28,000-acre master planned community, a highly coveted trade area which is consistently recognized nationally as one of the 'Best Cities in America to Live'. Positioned near the lighted intersection of FM 2978 and Woodlands Parkway, the Property is easily accessible and abuts the prestigious golf course community of Sterling Ridge Village, which is comprised of 5,100+ sought after households with home values ranging from $550,000 to more than $2,000,000. With the immediate area boasting some of the highest home values in the city, the Property supports a well-educated and affluent population, promoting long-term success and viability for the Property's restaurant, fitness and service retail tenants.