Cranbrook Plaza

Cranbrook Plaza

Cranbrook Plaza is an excellent value-add investment opportunity in the Houston MSA. The center is currently 45% leased with a tenant mix of restaurant and service needs, including the Texas based family-owned liquor store, Spec’s Wine, Spirits & Finer Foods. Specs has anchored Cranbrook Plaza since 1988. The 55% vacancy provides an investor with an opportunity to add to the existing NOI.

Cranbrook Plaza is located less than a mile from Interstate 45, a major thoroughfare in Houston with over 313,000 cars per day. The property sits off of a signalized intersection at Kuykendahl Rd and Ella Blvd and Pylon signage provides added visibility to the 23,000+ cars travelling along Kuykendahl Rd each day.

Traffic Counts:
KUYKENDAHL RD N OF ELLA BLVD: 27,000 CPD
KUYKENDAHL RD S OF ELLA BLVD: 24,000 CPD
ELLA BLVD W OF KUYKENDAHL RD: 14,000 CPD
ELLA BLVD E OF KUYKENDAHL RD: 14,000 CPD