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4520-4580 Kingwood Dr
Kingwood, TX 77345

Kings Crossing Shopping Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
97,600 SF
Building Class
B
Year Built
1992
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.16
Lot Size
14.40 AC
Zoning
None
Parking
664 Spaces (5.21 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Pylon Sign
  • Restaurant
  • Signage

About 4520-4580 Kingwood Dr , Kingwood, TX 77345

Cushman & Wakefield’s Texas Retail Advisors have been exclusively retained to execute the sale of Kings Crossing Shopping Center (the “Property”), a high quality class A, grocery-anchored shopping center in Kingwood, Texas, one of the most affluent and fastest-growing master-planned communities in the Houston MSA. The Property is located on the coveted “going-home” side of the road at the hard corner of two of the area’s busiest thoroughfares. Comprised of more than 126,000 square feet and six buildings, the center has historically seen strong occupancy and rising rents through a diverse mix of traffic-generating, internet-resistant retailers. Anchored by Randall’s grocer and a CVS Pharmacy, that consistently pays percentage rent, the Property is activated by daily needs retailers that serve the surrounding affluent neighborhoods and broader community. Though stable, the Property still offers investors potential upside through continued rent growth in a supply constrained submarket.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1168920010003
  • 1168920010002
Land Assessment
$3,745,812
Improvements Assessment
$25,055,272
Total Assessment
$28,801,084
  • Listing ID: 15269959

  • Date on Market: 2/24/2019

  • Last Updated:

  • Address: 4520-4580 Kingwood Dr, Kingwood, TX 77345

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