Shoppes at Northpointe Crossing Tomball, TX (Houston MSA)

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The Shoppes at Northpointe Crossing

Address

24435 & 24441 Tomball Parkway
Tomball, TX 77375

Investment Highlights

Exclusive retail offering within a notable northwest Houston mixed-use development

Asset comprised of two stabilized multi-tenant retail centers, offering consistent cash flow and long-term upside through rental appreciation and built-in rental escalations

Synergistic tenant mix of restaurant, essential service, and education cohesively supports the needs of the dense trade area surrounding the Property

Superior circulation with cross access to adjacent properties, direct connectivity to Northpointe Blvd, and circular drives around each building in addition to strong parking ratios

New management as of January 2024 bolsters streamlined operations and accounting

Exceptional demographics surrounding the Property with a five-mile population of over 200,000 people and average household incomes exceeding $113,000 (over 20% higher than the Houston MSA average)

Prominent frontage along Tomball Parkway (Hwy 249) just south of the Grand Parkway, provides exposure to over 110,000 cars per day and accessibility to an affluent and expanding population

Prime destination for real estate investment as Houston leads the nation in home starts and continues to boast exceptional population growth, a thriving and diverse economy, attractive rental rates and is well known for its pro-business environment. Further, Houston is currently ranked by ULI as a top market for 2025 investment

Location

Team

Brokerage Team

Chace Henke

Chace Henke

Principal, Capital Markets
713.900.3009 chace@edge-cm.com
Micha van Marcke, CCIM

Micha van Marcke, CCIM

Managing Principal, Edge Houston
713.900.3011 micha@edge-cm.com

Phone
713.900.3009
Address

515 Post Oak Blvd, Suite 175, Houston, TX 77027

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