Grand Oak Village

Highlights:

• The property is located within the Class-A mixed-use development, Grand Oak Village
• Below market rate assumption available
• 82% Pre-Leased
• Very strong co-tenancy throughout Grand Oak Village
• Required detention is off-site
• Prime visibility and accessibility from I-45
• Over 120,000 cars per day travel along I-45, with more coming now that the freeway expansion is complete
• TxDOT has expanded its existing detention pond separating the property from I-45 and will add landscaping around the perimeter, adding more appeal from the freeway
• The surrounding area is dominated by single-family homes and multifamily communities
• Chester Davis Sportsplex is located across League City Parkway
• Calder Drive provides access to League City Parkway and Main Street

Description:

Strategically located just off of I-45 and League City Parkway, Grand Oak Village is currently under development for a Class A, mixed-use retail center.​ The first phase of 15,000 SF of mixed-use lease space is set to be delivered in 4Q2023 and is 83% pre-leased. This loan is assumable at a below-market rate. Please inquire with the broker for further details. ​ League City is the largest city in Galveston County, encompassing 31.6 percent of the total County population. The population increased by 141 percent, from 45,444 in the year 2000 to 109,454 in 2018, an average annual increase of 7.8 percent.

Grand Oak Village is located at the corner of Calder Rd. and Link Rd. in League City, Tx. This site is less than a mile away from the interstate and is roughly 30 miles south of Downtown Houston.

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