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12910-12918 Malcomson Rd, Houston, TX 77429 12910 Malcomson Road, Cypress, TX 77429
Property Description
Discover a lucrative retail investment at Malcomson Center, strategically located adjacent to the bustling Lakewood Square Shoppes at the intersection of Malcomson Rd and Grant Rd. Boasting substantial daily traffic counts of approximately 5,000 and 14,000 vehicles respectively, this property enjoys exceptional visibility and accessibility, especially during peak hours.
The property features 168 feet of coveted frontage on Malcolmson Rd, complemented by two convenient curb cuts, ensuring ease of ingress and egress for customers. With a parking ratio of 8.65 spaces per 1,000 square feet, accommodating high volumes of visitors is effortlessly managed.
Currently housing esteemed tenants such as R&R CraftHouse Grill and Angel's Rocks & Fossils, the center attracts a diverse clientele seeking unique dining experiences and specialty retail offerings.
There is currently a 3,000 SF vacant space on this property. In case this hasn’t been leased by the time of sale, the owner is happy to offer a 2-year master lease guarantee.
For investors and businesses looking to capitalize on a prime retail location with exceptional traffic exposure and a strong consumer base, Malcomson Center presents an unparalleled opportunity. Contact TC Global Commercial Real Estate today to explore this premier retail property and secure your place in this dynamic market.
Area Description
Situated within a thriving community, Malcomson Center benefits from a densely populated area of over 33,000 households within a 3-mile radius, where residents boast a average household income of approximately $140,000. This demographic profile underscores the area's robust purchasing power and consumer demand, making it an ideal location for retail success.
Highlights
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Adjacent to the intersection of Grant Rd and Malcomson Road, with daily traffic of 14,000 cars per day
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The property is surrounded by affluent neighborhoods, with a median household income of $140K per year in the area
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This plaza counts with a variety of traffic drivers such as restaurants, fitness clubs and cafes
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It’s one of the busiest shopping centers in the area, ranking in the top 94% for visitor traffic
Full Address: 12910 Malcomson Road, Cypress, TX 77429
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 70%
Building Class: B
Zoning: Commercial
Region: S-SW
County: Harris County
Use Type: Retail
Property ID: 4042415
Has Water: Yes
Has Electric: Yes
Power: Yes
Heating: Yes
Lighting: Yes
Cooling: Yes
Has Gas: Yes
Traffic Count: 20000 VPD
Building Sf: 9,830
Parcel Num: 1262950010003
Number Units: 4
Number Buildings: 1
Year Built: 2008
Year Renovation: 2015
Number Parking Spaces: 85
Tenancy Type: Multi-Tenant
Adjacent to the intersection of Grant Rd and Malcomson Road, with daily traffic of 14,000 cars per day The property is surrounded by affluent neighborhoods, with a median household income of $140K per year in the area This plaza counts with a variety of traffic drivers such as restaurants, fitness clubs and cafes It’s one of the busiest shopping centers in the area, ranking in the top 94% for visitor traffic
1: CratHouse Grill Occupied: 3500 SF Lease Expiration:
2: Angel's Rocks and Fossils Occupied: 2130 SF Lease Expiration:
3: Tattoo Occupied: 1230 SF Lease Expiration: