10501 Pearland Pky - Storefront FOR SALE


Houston, TX 77089- Southbelt-Ellington
$3,450,000 USD
832-641-4270
10501 Pearland Pky, Houston, TX for Sale
$3,450,000 USD
Storefront - FOR SALE
1/2
null | 6.3% Cap Rate

10501 Pearland Pky
Houston, TX 77089
Southbelt-Ellington


HIGHLIGHTS

  • Pearland Parkway Shopping Center is anchored by Starbucks (NASDAQ: SBUX), a market-leading coffee chain with over 40,000 locations across 87 countries
  • The Property is located at the SEQ of Beltway 8 & Pearland Pkwy, one of the main intersections for the trade.
  • The center benefits from its strategic position on the going to work side of Pearland Parkway and has exposure to over 150,000 cars per day.
  • he center is comprised of an internet resistant, diversified tenant mix providing food, service and unique retail offerings to the immediate area.
  • Pearland Parkway Shopping Center is ideally positioned at the signalized intersection of Pearland Pkwy & Beltway 8.
  • The Property is positioned within a dense retail node for the surrounding trade area.

OVERVIEW

Pearland Parkway Shopping Center is a multi-tenant investment opportunity located at the SEQ of Beltway 8 & Pearland Pkwy in Pearland, TX (Houston MSA). The center is 100% leased to a diversified and internet resistant tenant mix providing food, service and unique retail offerings to the immediate trade area. The Property is equipped with plentiful parking as well as cross-access with the adjacent development creating easy access.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$590 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pearland Parkway Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

Commercial

APN/PARCEL ID

1271710010011

ASK ABOUT THIS PROPERTY

Joe Foty, CCIMThe Blue Ox GroupMore Info
832-641-4270

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Joe Foty, CCIMThe Blue Ox GroupMore Info
832-641-4270

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.