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Floor & Décor Leases 91,110 SF Space In Newly Remodeled Webster Shopping Center

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LEASED

Texas

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Retail91,110 SF
Leased 07/15/2020
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LEASED

Floor & Décor Leases 91,110 SF Space In Newly Remodeled Webster Shopping Center

20740 Gulf Fwy, Webster, TX 77598, USA

See Similar Deals
Retail91,110 SF
Leased 07/15/2020
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Summary

TEXAS
Asset Type:Retail
Total Square Footage:91,110 SF
Transaction Type:Lease

A shopping center located at 20740 Gulf Freeway in Webster has recently undergone remodeling. The property spans 91,110 square feet and is leased by Floor & Décor, represented by Thomas Taylor. The landlord, Clear Lake Center L.P., is represented by Doug Freedman from United Equities, while the tenant is represented by Joan Collum from Collum Commercial.

Summary of transaction details

  • Property Type: Shopping Center
  • Transaction Amount: Not mentioned
  • Address: 20740 Gulf Freeway
  • Market: Webster
  • Tenant: Floor & Décor - Thomas Taylor
  • Landlord: Clear Lake Center L.P.
  • Landlord's Rep: Doug Freedman - United Equities
  • Tenant's Rep: Joan Collum - Collum Commercial
  • Square Footage: 91,110

The property, conveniently located at 20740 Gulf Freeway in Webster, has witnessed a recent makeover. It now hosts Floor & Décor, a leading tenant in the market, represented by Thomas Taylor. The landlord, Clear Lake Center L.P., has enlisted the services of Doug Freedman from United Equities as their representative. Joan Collum, from Collum Commercial, represents the tenant, providing guidance throughout the deal.

Players

3 deals
BROKER

Doug Freedman
1 deal
BROKER

TENANT

Details

LEASED
IMAGE: IMAGE: Thomas Taylor, Doug Freedman, & Joan Collum⁠ DATE: 07/15/2020⁠ ADDRESS: 20740 Gulf Freeway⁠ MARKET: Webster⁠ ASSET TYPE: Shopping Center⁠ TENANT: Floor & Décor – Thomas Taylor⁠ LANDLORD: Clear Lake Center L.P.⁠ LANDLORD’S REP: Doug Freedman – United Equities⁠ TENANT’S REP: Joan Collum – Collum Commercial⁠ SF: 91,110⁠ NOTE: The newly remodeled shopping center […]

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Deal Type
Effective Rent (Annual)

$5,222,370.22

Total Lease Value

$52,223,702.20

Net Landlord Cash Flow$5,222,370.22