Jones Lang LaSalle | 1400 Post Oak Boulevard, Suite 1100 | Houston, Texas 77056 | www.joneslanglasalle.com
For more information about this listing, visit: www.georgecushing.com.
EL DORADO SHOPPING CENTER
121,260 SF Shopping Center520 El Dorado Blvd. | Webster (Houston), Texas 77598100% Leased | NOI $891,324| Sales Price $12,300,000 | Cap Rate 7.25%
INVESTMENT SALES
GEORGE CUSHINGManaging Director(713) 425-5849
WENDY VANDEVENTERVice President
(713) [email protected]
MEAGHAN GALLACHERAnalyst
(713) [email protected]
FINANCING
JIMMY BOARDNational Director(713) 888-4029
FURTHER INFORMATION IS AVAILABLE FROM THE SELLER’S EXCLUSIVE REPRESENTATIVES:
EL DORADO SHOPPING CENTER
Jones Lang LaSalle © 2015 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
INVESTMENT SUMMARY
• Total GLA: 121,260 SF
• Land Area: 9.8477 acres
• Leased: 100%
• Major Tenants: Gerland’s Food TownPalais Royal
• 100% occupied grocery-an-chored center at key intersection in the dense and affluent Clear Lake submarket.
• Located 1.5 miles from major area traffic generator, GGP’s Baybrook Mall, with more than 18 million visitors per year.
• Below market anchor rents assure stability and could represent substantial income upside.
• Healthy and stable small shop tenancy.
• Priced below replacement cost.
• Assumable Debt: $7,800,000 matures 8/2021; 5.46% interest rate.
For more information about this listing, visit: www.georgecushing.com.
Mc CollumPark
TravisPark
HarrisPark
LakeHouston
East Fork SanJacinto River
LakeKingwood
West Fork SanJacinto River
CypressCreek
San JacintoRiver
SheldonReservoir
LynchburgReservoir
Canal
Houston ShipChannel
BuffaloBayou
ScottBay
Mitchell Bay
Black DuckBay
TaylorLake
PasadenaLake
Clear Lake
MacBayouFrost
Reservoir
LostRiver
GalvestonBay
AlligatorBayou
CedarBayou
TrinityRiver
ReidlandReservoir
TrinityRiver
DaytonCanal
Barbers HillCanal
EastBay
GalvestonCompanyReservoir
WestBay
GalvestonBay
Gulf ofMexico
OffattsBayou
GreensLake
KarankawaBayou
SweetwaterLake
Karankaw Lake
EckertBayou
LakeComo
Archer Lake
TankersleyLake
HallsBayou
ChocolateBayou
HarrisReservoir
CongoLoko
HogLake
ChocolateBay
NewBayou
LakeAlaska
AustinBayou
BlueLake
LewisLake
BessiesCreek
BrazosRiver
BrazosRiver
BrazosRiver
BrazosRiver
BrazosRiver
LakeOlympia
OysterCreek
OysterCreek
Don GeorgeLake
WorthingtonLake
BrazosRiver
Cedar Bayou
SpringCreek
SpringCreek
Little CypressCreek
CypressCreek
CypressCreek
Spring Creek
GreensBayou
HallsBayou
GreensBayou
BearCreek
South MaydeCreek
BuffaloBayou
JonesCreek
ClearCreek
ClearCreek
SimsBayou
DickinsonBayou
ChocolateBayou
LakeConroe
West Fork SanJacinto River
LakeWoodlands
NeidigkLakeLake
Apache
BessiesBayou
BessiesCreek
Navasota
ToddMission
EastBernard
Wharton
Boling-Iago
Hungerford
Newgulf
Pledger
BrazosRiver
ColoradoRiver
Hardy Toll RdIm
perial Valley Dr
Hardy Toll Rd
Hempstead Hwy
Hempstead Hwy
NW Frwy
Sam Houston Pkwy
Sam HoustonPkwy
Sam Houston Pkwy
Crosby Frwy
Grand Pkwy
La Porte Fwy
Baytow
n Tun
Grand Pkwy
Bammel Rd
Sam Houston Pkwy
Sam Houston Pkwy
Humble Huffman Rd
Beaumont Hwy
Sam HoustonPkwy
McCart
y St
Way
side
Dr
Old Spanish Trl
Avenue G
Clayton St
Highway Blvd
Main St
Jackson St
Avenu
e H Alvin-Sugarland Rd
Hufsmith Rd
Kuykendahl Rd
Kuykendahl Rd
Huffman-New Caney Rd
Main St
Main St
Main St
Waller Tomball Rd
Stuebner Airline Rd
Cypress Rosehill Rd
Mills Branch Dr
Hardy Rd
Hardy Rd Aldine Westfield Rd
Spring Stuebner Rd
Falvel Rd
Main S
t
Main S
t
Main St
Rhodes Rd
Spring Cypress Rd
Spring Cypress Rd
Spring Cypress Rd
Stuebner Airline Rd
Boudre
aux R
d
Cypresswood Dr
Cypresswood Dr
Willow Cha
se Blvd
Cypress Creek Pkwy
Cypresswood Dr
Northpark Dr
Woo
dlan
dHi
lls D
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Louetta Rd
Louetta Rd
Loue
tta Rd
Kingwood Dr
Holzwarth
Rd
Ella Blvd
Ella Blvd
Treaschwig Rd
Champion Forest Dr Lee RdLee Rd
Grant Rd
Willow Place Dr S
Grant Rd
1st StRichey Rd
Atascocita
Rd
Atascocita Rd
Atascocita Rd
Inez Rd
Hous
ton
Rd
Bamm
el NorthHouston Rd
Veterans Memorial Dr
Veterans Memorial Dr
Will ClaytonPkwy Will Clayton
Pkwy
Telge Rd
JFK Blvd
Rankin RdRankin Rd
Spears Rd
Jones Rd
Jones Rd
Antoine Dr
Antoine Dr
Old Hum
ble R
d
Greens Rd
Barker Cypress Rd
Foley Rd
Gears RdGreens Rd
Huffmeister Rd
Tomball Pkwy N Diamondhead Blvd
Gol
f Clu
b Dr
Aldine Bender Rd
Henry Rd
Airline Dr
Fallbrook Dr FairbanksN Houston Rd
Homestead Rd
Deussen Pkwy
N Houston Rosslyn Rd
West Rd
West RdWest Rd
West Rd
S Diamondhead BlvdHollyvale Dr Lauder Rd
Main
St
MainSt
W Montgomery Rd
Aldine Mail Rd
Eldridge Pkwy
W Mount Houston Rd
Gloger St
Lake
Hou
ston
Pkwy
Mount Houston Pkwy
Hirsch Rd
Mesa Dr
Garrett Rd
C E
King
Pkw
y
Sheldon Rd
Crosby Lynchburg Rd
Shepherd Dr
Fry RdFry Rd
Little York Rd
Little York RdLittle York Rd
W Little York Rd
Hempstead Rd
Brittmoore Rd
Jensen Dr
Gessner Dr
Parker Rd
Fulton St
Yale St
Tidwell RdTidwell Rd
Tidwell Rd
Addicks Fairbanks Rd
Bingle
Rd
Wayside Dr
Lock
wood
Dr
Lockwood Dr
Tidwell Rd
Irvington Blvd
Garth Rd
N Main St
Main St
Main St
Uvalde Rd
Clay Rd
Clay Rd
Clay Rd
T C Jester Blvd
W 43rd St Rosslyn Rd
Addic
ks D
amRd
Pine Forest LnCrosstimbers St E Wallisville Rd
Mason Rd
Man
gum
Rd
Morton RdGroeschke Rd
Wallisville Rd
Wallisville RdT C Jester Blvd
Katy Hockley Rd
SjolanderRdKelley St
Elysian St
West St
Hammerly Blvd
John Martin Rd
Liberty RdDacoma St
Thompson RdSilber Rd
20th St Cavalcade StLong Point Rd Studewood St
Franz Rd
W 18th St
Katyland Dr
Peek Rd
Maxey Rd
Katy Fort Bend Rd
Woodforest BlvdCollingsworth St
Lync
hbur
g Rd
W 11th St
Decker DrHous
ton
Ave No
rman
dySt
Manor St
Lathrop StKress St
Oates Rd
Wilcrest Dr
Wilcrest Dr
Gessner Rd
Quitman St
Lorraine St
Dairy Ashford St
Bayway Dr
Bayw
ay D
r
Washington Ave
Cedar Bayou Lynchburg Rd
Memorial Dr
Memorial DrMemorial Dr
McCarty St
Crosby Cedar Bayou Rd
Bandera St
Chimney Rock Rd
Lyons Ave
Kingsland Blvd
Federal Rd
S Peek Rd
Market
St
Market Street Rd
W Baker Rd
Eldridge Pkwy
Wau
gh D
r
Massey
Tompkins Rd
Indian Trl
Holland Ave
Clinton Dr
Clinton Dr
Greenbay St
Montrose Blvd
Rollingbrook St
Battleground Rd
York
St
Kirby Dr
S Voss Rd
Navigation BlvdHighland Knolls Dr
Dallas St Clay StBriar Forest Dr
JacintoportBlvd
Texas Ave
Post Oak Rd
Harrisburg BlvdSan Felipe St
Fondren Rd
Gessner Rd
San Felipe StPolk St
Airh
art D
r
Kilgo
re R
dSeagler RdWestheimer Rd
Richmond Ave
Elgin St
Greenbriar St
Weslayan St
Cullen Blvd
Buffalo Speedway
Westheimer Pkwy
Westward St
Hillcroft St
Rd
Alm
eda
Rd
Texas Ave
Synott Rd
Westpark Dr
Southmore Blvd
Calh
oun
Rd
Bissonnet St
Bissonnet StBrookglade Cir
Broadway
Tri City Beach Rd
Shaver St
Hillcroft Ave
Spur55
Alief Clodine RdRed Bluff Rd
Red Bluff Rd
Red Bluff Rd
Richey St
Lawndale StMyrtle St
Kirkwood Rd
Macgregor Dr
Barker-Clodine Rd
Shaver St
Center St
Pasadena Fwy
St
Goodyear Dr
MLK Jr Blvd
Stella Link Rd
Broa
d St
Allen Genoa Rd
Holcombe Blvd
Bellaire Blvd Griggs Rd
Braeswood Blvd
Yellowstone BlvdBraeswood
Blvd
Reveille St
Park Plac
e
Mykawa Rd
Beechnut StBeechnut St
St
Garner Rd
Holmes RdBellfort AveBellfort St
Bellfort StBellfort Ave
Bellfort AveWinkler Dr
Monroe Rd
Spencer Hwy Spencer Hwy
BroadwaySt
Reed Rd
Airport BlvdAirport Blvd
Airport Blvd
Galveston Rd
Fairmont PkwyE Edgebrook Dr
Bay Area Blvd
Hiram Clarke Rd
South Acres Dr
Clearwood
St
Shaver
St
Orem DrAlmeda Genoa Rd
Fuqua St Fuqua StW Fuqua St
Almeda-Genoa Rd
Almeda School Rd
Todv
illeRd
Rd
Anderson Rd
Port Rd
Bayport Blvd
Hughe
s Rd
Hall RdSpace Center Blvd
BlackhawkBlvd
Brook Forest Dr
Dixie Fa
rm R
d Kirb
y Bl
vd
Mey
er R
d
NASA RdEl CaminoReal Egret
Bay Blvd
Crosby
RdCove RdM
ain St
South Cotton
Lake Rd
Rice Farm Rd
Tri C
ity B
each
Rd
Was
hingt
on A
veBridge Rd
Nevell St
Houston StSouthline St
CulbersonSt
Main
Main St
Cleveland St
F-M Rd 160
E Cl
ayton
Winfree St
Cos St M L King Dr
Wallisville Rd
LibertyWallisville Rd
Marina
Bay
Dr
Edgew
ood D
r
Grand Ave
Main St E Bay Shore Dr
7th St
7th
StAvenue J
29th
StO
asis Rd
San Leon Rd
Main St
Pine Dr
Pine Dr
Galveston Rd
Camp Wallace
Rd
Cam
pW
alla
ce R
d
Johnny Palmer Rd
25th Ave N Bay St NPalmer Hwy
Broadw
ay Ave
9th Ave NTexas Ave
6th St S
36th St
Vauthier St
Gulf FwyFa
irwoo
dRd
Seawolf Pkwy
Seawall Blvd
Water St
25th St
Pelic
an Is
land
Cswy
Broadway St
51stSt53rd St
61st St
83rd St
San Luis Pass
Rd
Mykawa Rd
Main St
Old ChocolateBayou Rd
E Broadway St
Broadway St
Main St
Walnut St
Dixie Fa
rm R
d
VeteransDr
Airline-FortBend Road
SchovajsaRd
Main St
Danbu
ry-Liv
erpoo
l Rd
Velasco St
Anglet
on-D
anbu
ry Rd
Mulber
ry St
Henderson Rd
N Downing
Anchor RdCedar St
Mulberry St
1st St
S Peek RdM
ason Rd S Fr
y Rd
Brookshire-Fulshear Rd
Clodine-Reddick Rd
Main St
Spring-Green Rd
BeechnutStBeechnutCanal Rd
Boss Gaston Rd
Burney Rd
Farmer Rd
Eldridge Rd
DairyAshford Rd
Florence Rd
Airport Blvd
Murphy Rd Staf
ford R
d
Pike RdDulles Ave
Kempner St
Oyster
Creek Dr
Owens Rd
Texas Pkwy
Texas Pkwy
Fondren RdSugar Lakes Dr
Southw
est F
wy
IndependenceBlvdHomeward
Way
FuquaDr
RidgecreekDr
Sartartia Rd
Post
Oak R
dFirst
Colony Rd
Walker School Rd
Cartwright Rd Mchard Rd
Stafford-Dewalt Rd
Fort Bend Pkwy
Front St
Flintwood Dr
Ransom Rd
Thompson Rd
CommonwealthBlvd
Comm
onwealthBlvd
Hwy 36 Bypass
Houston St
Levee Rd
Crab
b Ri
ver R
d
Grea
twoo
dPk
wy
B F
Terry
Blvd
Damon St
Bamore Rd
Louise StSouthgate Dr
Shen
ando
ahDrAirport Ave
MonsAve
W Dallas St
Trammel-Fresno Rd
Sycamore Rd
Mckeever Rd
St Loop 540
Tadpole Rd
Beasle
y Ave
Schoo
l St
W 1st St
Schley
s Cros
sing R
d
Cow Micham RdWoodrow-Damon Rd
W Lake Houston Pkwy
W illiams T
Blvd
Austin Pkwy
Lexington Blvd
Addicks Clodine Rd
Woodway Dr
Bay A
rea Blvd
Port Industrial Blvd
Cypress North H
ouston Rd
W Lake
Hou
ston
Pkwy
N Lake Houston Pkwy
Mueschke Rd
Hufsmith Kohrville Rd
Boudreaux Rd
Hegar Rd
Telge Rd
Holderrieth Rd
Becker Rd Juergen Rd
Katy Hockley Rd
House Hahl Rd
Freeman Rd Katy Hockley Cut-Off Rd
Clay Rd
Kuyk
enda
hl R
d
Ulrich Rd
HufsmithKuykendahl RdE Hufsm
ith Rd
Cherry St
Gosling Rd Texaco Rd
Ramsey Rd
Humble Crosby Rd Stroker Rd
Huffman Eastgate Rd
Stillson Rd
Chachere Rd
RR 4Stillson Rd
Cox Rd
Hatcherville Rd
Bohemian Hall Rd
Crosby Barbershil Rd
Fairbanks N Houston Rd
Pin Oak Rd
Katy Fl
ewelle
n Rd
Greenbush
Rd
Gaston-Katy RdCorbitt Rd
Flewellen Rd
Rose Rd
Pleak Rd
Crabb River Rd
Scanlan Rd
Hooks Rd Bailey Rd
Post Rd
Parke
r Sch
ool R
d
Mustan
g-Cho
colat
e
Bayo
u Rd
Liverpool-Hoskins Rd
Algoa Friendswood Rd
Genoa Red Bluff Rd
Kickapoo RdKickapoo Rd
Castle Rd
Field Store Rd
Waller Spring Creek Rd
Mathis Rd
Betka Rd
House Rd
Warren Ranch Road
Jack Rd
Mayer Rd
Peek RdG
rand Pkwy (Proposed)
Sharp
Grant Rd
Grand Pkwy (Proposed)
Grand Pkwy (Proposed)
Hardy Airport Connector
Jackson Rd
Walden Rd
Eva St
Frazier St
Davis St
Porter Rd
StidhamRd
Needham Rd LazyRiver Dr
Research Forest Dr
Egypt Comm
unity
Rd
Dobbin
Huffsmith Dr
Dobbin
Hufsmith Rd
Longmire Rd
Woodlands Pkwy
Kuyk
enda
hl Rd
Rayford Rd
Riley
Fuzz
ell R
d
Nich
ols
Sawm
ill Rd
Stagecoach RdButeraRd
BaneberryRd
Decker Prairie
Rosehl Rd
Roberts
Cemetery Rd
Lakeside Dr
Mac
edon
ia R
dNichols Sawmill Rd
Walker Rd
MorganCemetery Rd
Daw
Collin
s Rd
Crockett-
Martin Road
Old
Hous
ton
Rd
Tram Rd
Gal
axy
Blvd
RomanForest Blvd
Sorters Rd
Ford Rd
Cow Creek Rd
Ricefield Rd
Ricefield Rd
Gless-B
ig Cree
k Rd
Stavino
ha Va
cek R
d
Baker
Rd
Whaley
-Long
Point R
d
Guy-Lo
ng Poin
t Rd
Vrlla R
d
MaroulRd
McC
aleb
Rd
Pietzsch St
Clubside Dr
F-M Rd 1161
Lees
Ln
Rich
mon
d Rd
Juni
or C
olle
ge B
lvd
Fulto
n St
Boling Hwy
Alab
ama
Rd
Milam St Bay City Hwy
David Wayne HooksMemorial
George BushIntercontinental
Airport
West HoustonAirport
BaytownAirport
AndrauAirpark
La PorteMunicipal Airport
William PHobby Airport
EllingtonField
R W J Airpark
ClevelandMunicipal
Airport
Liberty MunicipalAirport
HoustonGulf
ScholesField
CloverField
Sugar LandMunicipal Airport/
Hull Field
Houston-Southwest
Airport
MontgomeryCounty Airport
Fulshear MissionBend
Clodine
SimontonTownWest
PecanGrove
SugarLand
Meadows
Stafford
MissouriCity
Richmond
Crabb
Booth
Dewalt
Orchard
Wallis
SanFelipe
Frydek
Clemons
FirstColony
FresnoRosenberg
Thompsons ArcolaPleak
Beasley
Kendleton
Needville
Tomball
RoseHill
KleinSpring
Houston
Kingwood
Humble
Huffman
Aldine
Crosby
JerseyVillage
Barrett
Sheldon
Dyersdale
MagnoliaGarden
HighlandsMcNair
FourCorners
CedarBayou
Lynchburg
Katy
Northglen
AddicksBarker
Satsuma
Cypress
KohrvilleBammel
West�eldPine
Grove
Hockley
Channelview
Baytown
CloverleafSpringValley
HilshireVillage
HuntersCreek
HedwigVillage
PineyPoint
BunkerHill
JacintoCity
GalenaPark
La Porte
DeerPark
Pasadena
Bellaire
West UniversityPlace
SouthsidePlace
Point
SouthHouston
Shoreacres
SeabrookTaylorLake
Village ElLago
NassauBay
Webster
MontBelvieu
Old River-Winfree
Cove
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Cleveland
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JamaicaBeach
BrooksideVillage
Pearland
Bonney Liverpool
Danbury
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Guy
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Dobbin
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Splendora
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Porter
Grangerland
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Plantersville
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Patton
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TheWoodlands
Woodbranch
RomanForest
ChateauWoods
Oak RidgeNorth
PorterHeights
Stagecoach
HempsteadPrairieView
PineIsland Waller
Pattison
Brookshire
HARRISCOUNTY
CHAMBERSCOUNTY
LIBERTYCOUNTY
GALVESTONCOUNTY
FORT BENDCOUNTY
WALLERCOUNTY
GRIMESCOUNTY
WHARTONCOUNTY
59
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290
288
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EL DORADO SHOPPING CENTER
Mc CollumPark
TravisPark
HarrisPark
Navasota
ToddMission
EastBernard
Wharton
Boling-Iago
Hungerford
Newgulf
Pledger
BrazosRiver
ColoradoRiver
David Wayne HooksMemorial
George BushIntercontinental
Airport
West HoustonAirport Baytown
Airport
AndrauAirpark
La PorteMunicipal Airport
William PHobby Airport
EllingtonField
R W J Airpark
ClevelandMunicipal
Airport
Liberty MunicipalAirport
HoustonGulf
ScholesField
CloverField
Sugar LandMunicipal Airport/
Hull Field
Houston-Southwest
MontgomeryCounty Airport
Fulshear
Clodine
Simonton
SugarLand Stafford
MissouriCity
Richmond
CrabbBooth
Orchard
Wallis
SanFelipe
Frydek
Clemons
FirstColony
Beasley
Kendleton
Needville
TomballRoseHill
KleinSpring
Kingwood
Humble
Crosby
JerseyVillage Barrett
Sheldon
MagnoliaGarden
Cypress
Kohrville Bammel
PineGrove
Hockley
Channelview
BaytownCity
Pasadena
Bellaire
West UniversityPlace
Shoreacres
Seabrook
ElLago
Bay
Old River-Winfree
Cove
BeachCity
NorthCleveland
Cleveland
Macedonia
SnuffRidge
TarkingtonPrairie
PlumGrove
DaytonLakes
Hardin
Kene�ck
LibertyDayton Ames
LeagueCity
Clear LakeShores
Kemah
Bacliff
Texas City
San
SantaFe
LaMarque
Hitchcock
Galveston
BayouVista
TikiIsland
JamaicaBeach
BrooksideVillage
Pearland
Alvin
Hillcrest
Bonney Liverpool
Danbury
HolidayLakes
Guy
Damon
Rosharon
Angleton
Montgomery
Dobbin
Panorama
Conroe
Cut &Shoot
Splendora
MagnoliaMostyn Egypt
Porter
Grangerland
Midway Security
Plantersville
Stoneham
Pinehurst
WoodlochPatton
Shenandoah
TheWoodlands
WoodbranchRomanForestChateau
WoodsOak Ridge
NorthPorter
HeightsStagecoach
HempsteadPrairieView
PineIsland Waller
Pattison
Brookshire
HARRISCOUNTY
CHAMBERSCOUNTY
GALVESTONCOUNTY
BRAZORIACOUNTY
FORT BENDCOUNTY
WALLERCOUNTY
GRIMESCOUNTY
WHARTONCOUNTY
8
8
59
59
59
290
288
225
146
290
6
99
99
6
6
6
249548
146
201
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59
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90
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105
105
6
87
146
146
3
3
3
876
288
288
6
6
35
35
35
35
288
35BYP
35
36
59
59
6
6
59
36
36
36
36
59
29202920
1486
1774
1488
1488
1488
1774
1774
2445
1314
1314
1485
1485
2090
1485
1010
1486
1960
1960 1960
19602920
149
149
830
149
362
302
1093
1093
1764
359
529
518
ALT90
ALT90
ALT90
ALT90
ALT90
59
105
105
336
336
105
105
242
242242
494
249
290
290
90
159
105
105
59
59
59
59
60
183
8
8
8
10
45
10
610
45
610
610
610
610
10
10
45
45
1010
45
45
45
45
45
45
10
10
INVESTMENT SALES
GEORGE CUSHINGManaging Director(713) 425-5849
WENDY VANDEVENTERVice President
(713) [email protected]
MEAGHAN GALLACHERAnalyst
(713) [email protected]
FINANCING
JIMMY BOARDNational Director(713) 888-4029
FURTHER INFORMATION IS AVAILABLE FROM THE SELLER’S EXCLUSIVE REPRESENTATIVES: