3777 16Th StOrange, TX 77632

Property Details for 3777 16Th St

Property type

Retail properties

Property subtype

Lifestyle 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.

Location Insight

City

Orange

County

Newton

State

Texas

Latitude

30.1229

Longitude

-93.7481

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