Waterside Commons is a 13-tenant strip center located in Richmond, Texas. It was built in 2008 and is currently 96.5% occupied. Richmond is a rapidly growing suburb of Houston. The property is at a stabilized occupancy level, but provides for significant upside as the current average rents are well below market. Major national and regional tenants include: Ace Hardware, Subway, and Shipley Donuts.
Date Acquired:March 2014
Total Property Square Footage:39,779 sq.ft.
- 9825 South Mason Road