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Shopping Strip

Shops at Walden

18787 Hwy 105 W, Montgomery, TX 77356

Listing Price: $4,856,700

Cap Rate
6.50%
Gross SF
8,481
Rentable SF
8,481
Price/Gross SF
$572.66
Lot Size
0.94 acres
Year Built
2023

Investment Overview

The Shops at Walden is a 100 percent leased, multi-tenant retail center located at the NEC of Walden Road and SH 105 in Montgomery County, Texas. The tenants include national and local retailers (Black Rock Coffee, Plush Nail Bar, The Joint Chiropractic, and Dental Boutique). Black Flag Properties constructed the center in 2023. The parcel is .94 acres, is entirely concrete and includes a drive-thru (currently serving Black Rock Coffee).

The Shops at Walden is located at the NEC of Walden Road and SH 105 in the NW quadrant of Montgomery County. The center is anchored by a Walmart Supercenter in a sub-market served by retailers including Walgreens, Exxon, Circle K, Chase Bank, Tractor Supply Co., Ace Hardware, Kroger Marketplace, Sport Clips, Discount Tire, Dutch Bros Coffee, Burger King, Starbucks, MOD Pizza, Chick-fil-A, Subway, Spec's Wines, Spirits & Finer Foods, and more.

Investment Highlights

  • 8,481-Square-Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter | Approximately 2.1 Million Annual Visitors
  • 100% Leased | All Leases are Triple-Net with Five to 10-Year Terms
  • Signalized Location at the Northeastern Corner of Walden Road and SH 105 | Cumulative Traffic Counts Exceed 55,000 VPD

Exclusively Listed By

Financing By

Shopping Strip

Shops at Walden

Listing Price: $4,856,700

Cap Rate
6.50%
Gross SF
8,481
Rentable SF
8,481
Price/Gross SF
$572.66
Lot Size
0.94 acres
Year Built
2023

Investment Highlights

  • 8,481-Square-Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter | Approximately 2.1 Million Annual Visitors
  • 100% Leased | All Leases are Triple-Net with Five to 10-Year Terms
  • Signalized Location at the Northeastern Corner of Walden Road and SH 105 | Cumulative Traffic Counts Exceed 55,000 VPD

Investment Overview

The Shops at Walden is a 100 percent leased, multi-tenant retail center located at the NEC of Walden Road and SH 105 in Montgomery County, Texas. The tenants include national and local retailers (Black Rock Coffee, Plush Nail Bar, The Joint Chiropractic, and Dental Boutique). Black Flag Properties constructed the center in 2023. The parcel is .94 acres, is entirely concrete and includes a drive-thru (currently serving Black Rock Coffee). The Shops at Walden is located at the NEC of Walden Road and SH 105 in the NW quadrant of Montgomery County. The center is anchored by a Walmart Supercenter in a sub-market served by retailers including Walgreens, Exxon, Circle K, Chase Bank, Tractor Supply Co., Ace Hardware, Kroger Marketplace, Sport Clips, Discount Tire, Dutch Bros Coffee, Burger King, Starbucks, MOD Pizza, Chick-fil-A, Subway, Spec's Wines, Spirits & Finer Foods, and more.

Exclusively Listed By

Financing By

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