2600 Cordes Dr - Storefront Retail/Office FOR SALE


Sugar Land, TX 77479- First Colony
$5,200,000 USD
281-558-1111
2600 Cordes Dr, Sugar Land, TX for Sale
$5,200,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 6.47% Cap Rate

2600 Cordes Dr
Sugar Land, TX 77479
First Colony


HIGHLIGHTS

  • 100% Occupied- All tnants have 5 or more years left
  • Offering Investors Immediate and predictable cash flow
  • NNN Lease Structure
  • Minimal Landlord Responsibilities and creates a passive investment
  • Professional management in place ensures smooth operations, optimized expenses and hands off

OVERVIEW

Introducing 2600 CORDES DR., a prime investment opportunity located in bustling Sugar Land, TX. This 14,768 SF retail center presents a lucrative offering with a sale price of $5.2 million, boasting a solid CAP rate of 6.47% and 100% occupancy generating a Net Operating Income of $336,598. With an affluent demographic surrounding the property and a diverse array of strong tenants secured with long-term leases in place, this investment ensures immediate cash flow and income stability. The asset features a NNN lease structure that minimizes landlord responsibilities, making it a low-maintenance and passive investment opportunity. Strategically situated near major retailers, dining establishments, healthcare facilities, and entertainment venues, this professionally managed property in the heart of Sugar Land promises a lucrative return on investment. Don't miss the chance to capitalize on this exceptional commercial real estate offering.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

6.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Day Care Center, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

None

APN/PARCEL ID

0001-00-000-1535-907

ASK ABOUT THIS PROPERTY

Tara OliverOliver Commercial Real EstateMore Info
281-558-1111

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Tara OliverOliver Commercial Real EstateMore Info
281-558-1111

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