Copperfield Place Center Houston, TX

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Copperfield Place Center

Investment Highlights

High-quality neighborhood center with steady cash flow, below-market rents, favorable above-market administrative and management fee pass-throughs, and low operating costs, offering meaningful long-term upside

Diverse service-oriented, internet resistant tenant line-up poised to serve the dense surrounding residential trade area

Strong historical tenancy with both FedEx Office and Star Cleaners occupying the site for 30+ years, underpinning the viability and strong operating history of the center

Opportunity to maximize value and purchase well below replacement cost

Easily accessible from both State Highway 6, a dominant north-south thoroughfare and Longenbaugh Drive, with exposure to a combined 72,000 cars per day

Located within the desirable Copperfield trade area, a 2,000 acre master-planned community with average household incomes exceeding $104,000 within a one-mile radius

The property sits just 0.5 miles from the signalized intersection of Hwy 6 & Spencer Rd, benefiting from proximity to the 1.6MM SF Copperfield retail corridor, which generates more than 14.7MM annual visits (Placer.ai)

Strong regional daytime population of 295,000 people within a five-mile radius underpinned by northwest Houston’s dominant industrial hub

Location

Team

Brokerage Team

Micha van Marcke, CCIM

Micha van Marcke, CCIM

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

Phone
713.900.3011
Address

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