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College Park Plaza, a truly irreplaceable
Class A asset, is located on 9.193 acres in The Woodlands,
a nationally-renown master-planned community. The quality
and affluence of the 130,000-person trade area and the
scarcity of competitive properties combine to assure the
long-term stability of this investment.
In addition to the 7.923 acres on
which the shopping center is located, the collateral
includes a 0.881-acre pad directly in front of the center
that can accommodate a 3 - 4,000 square foot restaurant
and a 0.389-acre pad at the northwestern portion of the
parking area.
College Park Plaza has an absolute premier infill
location at the SWC of College Park Drive and St. Luke’s Drive, approximately
one-fourth mile west of IH 45 in The Woodlands, Texas. The Woodlands
is located 27 miles north of downtown Houston.
The Property is located between The Woodlands College
Park High School (new in 2005) and St. Luke’s Hospital (an 84-bed, 240,000
sf facility). Located across College Park Drive are: Wal-Mart Supercenter,
Kohl’s, Garden Ridge, Lowe’s Home Improvement, Burger King, Chevron,
Wendy’s, Woodforest Bank, Montgomery College (a six-building, 380,000
sf campus that accommodates 13,000 students and 270 employees) and University
Center (a partnership of six universities and colleges located on a
78,000 sf facility that provides bachelor’s and master’s degrees, and
continuing professional studies). Fellowship of the Woodlands Church
(12,000 members) is located west of the new high school.
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