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Property profile & analytics
OFF-MARKET
Lifestyle centers

3777 16Th St Orange, TX 77632

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Colliers Property Management LLC Property Management Company
  • Northway Retail Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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