Location:

NEC & NWC of US 377 at HWY 4 in Granbury, TX

Development Summary:

This 40 acre development known as Luton Ranch is located on the north side of US Highway 377 (34,159) at Highway 4 (7,421 VPD) in Granbury, TX. Phase I will deliver in Second Quarter 2011 and includes a 101,000 s.f. H-E-B Grocery Store, junior anchor space, approximately 27,000 s.f. of shop space and pad sites. Phase II can accommodate another large anchor/ multiple junior anchors, with the overall development totaling over 300,000 s.f. not including the pad sites.

Area Highlights:

The Granbury trade area has a population of over 100,000 people and has experienced exponential growth over the past ten years. The City of Granbury, which is the Hood County seat, serves as the retail and entertainment hub for a trade area made up of more than 12 cities/towns and multiple counties. With limited quality retail space and significant growth rates, Luton Ranch offers a unique opportunity to reach an affluent, educated and underserved customer base.

Traffic Counts:

Highway 4: 7,421 VPD
Highway 377: 34,159 VPD