Livingston Multi-tenant Retail Investment Property – Offering Memorandum
NewQuest Properties is pleased to exclusively present to qualified investors the sale of a multi-tenant retail shopping center (the “Property”) in Polk County, Livingston, Texas. The shopping center is approximately 6,273 square feet and is 78% leased. Existing tenants inculde Domino’s, a nail salon and Freedom Vape, with one vacancy.
The shopping center is situated along the busiest part of Livingston and less than one mile from the intersection of Interstate 69 (US Highway 59 North) and US Highway 190 West. With over 33,050 residents, Livingston is home to Texas’ second largest lake, which spans across 93,000 acres. The average household income in the area is more than $62,713. The center has great access, abundant parking and prime visibility.
The Property is located in Livingston, Texas, a suburb located 70 miles north of Downtown Houston. The site boasts high density, strong incomes, and widespread growth. Nearby tenants include Walmart Supercenter, HEB Grocery Store, and Lowe’s Home Improvement. Livingston High School (1,100 students) and First United Methodist Church (1,200 members) are in the immediate vicinity of the site.
- 26,875 VPD on US Hwy 190 W
- 21,125 VPD on I-69 (US Hwy 59 N)