The subject property is located near the signalized, hard corner intersection pf Sienna Parkway and State Highway 6, which supports over 82,000 vehicles per day. Furthermore, the asset benefits from nearby access to Fort Bend Parkway Toll Road (24,200 VPD), making this an ideal, centralized location with easy commutes. The site is ideally positioned less than 4 miles southeast of Missouri City...
The subject property is located near the signalized, hard corner intersection pf Sienna Parkway and State Highway 6, which supports over 82,000 vehicles per day. Furthermore, the asset benefits from nearby access to Fort Bend Parkway Toll Road (24,200 VPD), making this an ideal, centralized location with easy commutes. The site is ideally positioned less than 4 miles southeast of Missouri City Shopping Center, a 364,000 SF power center that’s home to Hobby Lobby, Ross, Kohl’s, Office Depot, PetSmart, and more. Other nearby national/credit tenants include Walmart Supercenter, Target, Home Depot, Lowes, Aldi, HEB, Kroger, and more. Strong tenant synergy increases consumer draw to the immediate subject trade area and promotes crossover tenant exposure to the site. Moreover, the asset is positioned among several apartment complexes including Royal Sienna (330 units), Ravella at Sienna Plantation (292 units), SYNC at Sienna (270 units), and more, providing a direct residential consumer base from which to draw. The dense 5-mile subject trade area is supported by more than 173,000 residents and 23,000 daytime employees. Residents within a 1-mile radius boast an extremely affluent average household income of more than $157,000. Missouri City, Texas, in Fort Bend County, is 14 miles SW of Houston, Texas. The town is part of the Houston-Sugar Land-Baytown metropolitan area. It includes the master-planned upscale community known as Lake Olympia. Missouri City is conveniently located near primary freeways and rail lines. The City of Missouri City had a population of 79,330 as of July 2022.