Current Use by Public Records
- Colliers Property Management LLC / Property Management Company
- Northway Retail Center / Shopping Center & Mall
Property Details for 3777 16Th St
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Northway Shopping Center, a 106,935 square foot shopping center situated on 10 acres in Orange, Texas, presents a compelling investment opportunity. This multi-tenant property boasts exceptional foot traffic, recording 441,500 annual visits. A key strength is the presence of Market Basket Foods as an anchor tenant, generating over 277,800 annual visits alone. The center benefits significantly from its proximity to a high-volume H-E-B grocery store, located south of the property, which attracts over 666,800 annual visitors. This strategic location within a thriving retail corridor ensures consistent customer flow and strong potential for tenant success. The surrounding area demonstrates robust demographics, with average household incomes exceeding $79,000 within a one-mile radius. Visitor data is sourced from Placer.ai. This well-established shopping center offers a rare chance to acquire a significant retail asset in a high-demand market. The property's size, anchor tenant, and high traffic counts make it an attractive proposition for investors seeking a stable and profitable investment. Detailed financial information and lease terms are available upon request.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orange
- County
- Newton
- State
- Texas
- Longitude
- -93.7481
- Latitude
- 30.1229
