The Opportunity

Sage is pleased to present another opportunity to partner with Main Street Commercial Partners for a retail development in Southeast Houston. The 7.2-acre Greyhound Development ( the “Development”) site will consist of 7 single-tenant, NNN pad developments at a critical intersertion in this market.

Key Highlights

Great Submarket: Located at a key retail intersection in southeast Houston. The southeast Houston market benefits from an affordable housing stock plus strong employment drivers such as the port of Houston, petrochemical industry, and the medical center.

Key Retail Intersection: Walmart and Sam’s Club anchor the intersection along with several other national quick service retailer restaurants such as Whataburger, Wendy’s, and Taco Bell. Furthermore, there is early interest from high quality national retailers to take the space immediately south of the 7 acres which would further boost the projects long-term viability.

Early Interest from Premier Retailers: A whos’ who of Quick Service Restaurants and typical pad site retailers have expressed interest and/or signed LOI’s for to be at the intersection.

Strong Demand Drivers: Southeast Houston is home to the highest concentration of medical professionals in Houston (10-15%), the Port of Houston (#1 in the US in imports and exports), NASAN major petrochemical installations ($100 bn capital investment), Kemah Boardwalk, and Galveston.

Project Summary

Address: I-45 & FM-1764 (SW Corner) La Marque, TX 77568

Development Zoning: None

Number of Buildings: Seven single tenant pads

Land Area: 7.2 Acres

Approximant Time Frame: 3-5 Years

Potential Tenants: McDonald’s (LOI), Chipotle (Site Approved), Sevens Brew Coffee (LOI), and Raising Canes (LOI)

The Asset

Market Demographics


Offering size


Timing of Funds:

October 3rd, 2022

Timing of Close:

October 14th, 2022

Management Team