Retail

2421 Tangley

Houston, Texas United States
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1940
Building Area
Land Area ()

Property Description

2421 Tangley is an 88% occupied, 5,200 SF boutique asset situated on 0.28 acres in one of Houston's premier walkable shopping districts five minutes from the Texas Medical center and blocks from the Rice University Campus.

Investment Highlights

SURROUNDED BY TOP RETAIL IN ONE OF HOUSTON'S PREMIER WALKABLE SHOPPING DISTRICTS

Popular specialty retailers include Warby Parker, Sunglass Hut, Blue Mercury, Sephora, MAC Cosmetics, and Athleta. 


Prominent dining options include Mendocino Farms, Sweetgreen, Sixty Vines, Local Foods, and Shake Shack.


UNIQUE RETAIL CENTER WITH HIGH DOLLAR NET RENTS

Existing tenants have an average in place rent of $45.32 PSF.


​​​DIVERSE TENANT MIX

Tenant industries include legal, real estate and consumer products.


CENTRAL LOCATION

Five minutes from Texas Medical Center, the largest medical center in the world, and just blocks from the Rice University campus, and can be easily accessed on foot, by bicycle, or by car.


Residents in the surrounding neighborhoods can also access the Property within minutes with or without driving.


EMBEDDED IN THE HEART OF A HIGHLY EDUCATED AND AFFLUENT RESIDENTIAL AREA

Over 80% of the population has a college degree or higher, the median home value is $950K and the average household income is $205,000 within a one-mile radius of the property.

Last Updated Date: 30 Nov 2020
George Cushing
George Cushing
Managing Director, Capital Markets
License details
TX-237132
Wendy Vandeventer
Wendy Vandeventer
Senior Director, Capital Markets

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+6620260615
Last Updated Date: 30 Nov 2020

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.