SRS Real Estate Partners Represents Sale Of 42,000-SF Retail Property In Kingwood For $12.5M

A retail property located at 7990 West Lake Houston Parkway in Kingwood has been sold for $12,500,000. The asset encompasses 42,000 square feet and is situated on 4.6 acres. The property features a new 15-year triple net lease and is part of a retail development near Atascocita Commons, a significant shopping center.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,500,000
• Square Footage: 42,000
• Address: 7990 West Lake Houston Parkway
• Market: Kingwood
• PPSF: $298
• Lease Type: 15-year triple net lease
• Acres: 4.6

The transaction was facilitated by brokers Patrick Luther and Matthew Mousavi from SRS Real Estate Partners, who represented the seller in the deal involving the EoS Fitness property, built in 2024.