Shopping Strip
La Porte Plaza
112 TX-146, La Porte, TX 77571
Listing Price: $4,685,000
Investment Overview
NNN Lease Structure (Passive Investment)
• Triple-net (NNN) leases across all tenants
• Tenants reimburse for CAM, insurance, and property taxes
• Limited landlord responsibilities
• Predictable and stable cash flow
Houston MSA Market Strength
• Located within a 7.6M+ population metro
• Strong job growth driven by logistics, energy, and healthcare
• Continued population growth fueling retail demand
• Business-friendly environment with no state income tax
Below-Market Rents & Upside Potential
• Average in-place rents below comparable market rates
• Built-in rental growth through renewals and leasing of vacancy
• Opportunity to enhance long-term yield
Anchor Tenant Stability
• Dollar Tree serves as the primary anchor tenant and recently extended its lease
• 16,000+ locations nationwide with strong brand recognition
• Discount retail model performs well across economic cycles
• Drives consistent daily traffic to the center
La Porte Plaza
Investment Highlights
- Located along TX-146 in La Porte, a high-traffic retail corridor linking to SH 99 (Grand parkway)
- Positioned within the greater Houston MSA, one of the fastest-growing metros in the U.S.
- Adjcent to major industrial hubs, Port of Houston, and employment centers
- Dense surrounding residential population supporting daily retail demand
Exclusively Listed By
Listing Price: $4,685,000
Investment Highlights
- Located along TX-146 in La Porte, a high-traffic retail corridor linking to SH 99 (Grand parkway)
- Positioned within the greater Houston MSA, one of the fastest-growing metros in the U.S.
- Adjcent to major industrial hubs, Port of Houston, and employment centers
- Dense surrounding residential population supporting daily retail demand
Investment Overview
NNN Lease Structure (Passive Investment) • Triple-net (NNN) leases across all tenants • Tenants reimburse for CAM, insurance, and property taxes • Limited landlord responsibilities • Predictable and stable cash flow Houston MSA Market Strength • Located within a 7.6M+ population metro • Strong job growth driven by logistics, energy, and healthcare • Continued population growth fueling retail demand • Business-friendly environment with no state income tax Below-Market Rents & Upside Potential • Average in-place rents below comparable market rates • Built-in rental growth through renewals and leasing of vacancy • Opportunity to enhance long-term yield Anchor Tenant Stability • Dollar Tree serves as the primary anchor tenant and recently extended its lease • 16,000+ locations nationwide with strong brand recognition • Discount retail model performs well across economic cycles • Drives consistent daily traffic to the center
Exclusively Listed By
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