Sagemont Plaza | Houston, TX
Sands Investment Group is Pleased to Exclusively Offer For Sale the 26,806 SF Sagemont Plaza Shopping Center Asset Located at 11504 Hughes Road in Houston, TX. This Deal Includes a True Value-Add Opportunity – 78% Occupied With Current Rents 55% Below Market (Sagemont Rents are $10/SF, Submarket Rents are $22/SF).
- True Value-Add Opportunity – 78% Occupied With Current Rents 55% Below Market (Sagemont Rents are $10/SF, Submarket Rents are $22/SF)
- Nearby Retailers Include: Kroger, Petco, Home Depot, and AMC Theater
- Great Traffic, Visibility and Access Along Beltway 8 (89,602 VPD) and Hughes Road (16,330 VPD)
- Strong Demographics – 107,227 Population With Average Household Income of $95,586 Within a 3-Mile of the Site – Well Above the National Average
- Priced Well Below Replacement Cost at $97/SF and Below HCAD Appraised Value
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
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