NNN Retail Advisors Represents Houston Based Developer on Sale of The Shoppes at 249, Family Dollar/Dollar Tree Anchored Retail Development

NNN Retail Advisors recently completed the sale of The Shoppes at 249, a 32,000 square foot retail shopping center in Houston, Texas.  The shopping center, built in 2019, is anchored by Family Dollar and Dollar Tree. Tenants in the shopping center include Fred Loya, Boost Mobile, La Esperanza Mexican Restaurant, Smile Squad Dental, and Laundry 4U.  Most of the tenants signed long term leases with attractive rental increases over next 10 years.  Gavin Kam and Brad Kam with NNN Retail Advisors represented the seller, a local retail developer.