Imperial Oaks Shopping Center, Spring TX

2319 Rayford Rd.
Spring, TX
Sold: $4,470,000
Closing Date: 3/31/2017

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Property Type: Commercial
Property Status: Sold
Description:

Kroger Shadow-Anchored Center: The retail center is shadow-anchored by Kroger, a market leading

grocer in the Houston MSA.

 

Strategically Located: The property is conveniently located 1.5 miles from the Grand Parkway and the

Hardy Toll Road, and just over 2 miles from Interstate.  The center has high visibility from Rayford Rd,

which connects from Interstate 45 to the Grand Parkway.

 

Strong Population: Within a 5 mile radius, the total population is 125,000+ individuals, and the

daytime population is 93,000+ individuals.

 

High Growth Area: The Spring trade area has 46,000+ homes in a 5-mile radius and has a

projected population increase of 25.8% from 2010 to 2020.

 

High Household Income The center is situated in a dense submarket where the Average Household

Income is $108,000+ within a 3-mile radius.

 

Excellent Tenant Mix: The property has a variety of everyday service and lifestyle needs, including

Verizon Wireless, Today’s Vision, and Sport Clips.