Alder Trails Shopping Center
NewQuest Properties investment sales team is pleased to exclusively present Alder Trails Shopping Center anchored by Walmart. This Class A, neighborhood essential center is strategically located in the heart of the Cypress/Towne Lake submarket with frontage on Barker Cypress Road (38,000 VPD) and cross access to the signalized intersection of Cypress North Houston Road. The 17,000-square-foot center was developed in 2015 with 9 suites, of which 7 are occupied with tenants such as AT&T, Marco’s Pizza and Alder Trails Dental. Alder Trails is being offered with a below-market master lease for the 2 remaining second-generation suites. The master lease will provide an investor with immediate income and upside through backfilling the 2 remaining spaces with quality tenants at market rate.
38,000 VPD on Barker Cypress Road