508 Murphy Rd - Storefront FOR SALE
Stafford, TX 77477 |
508 Murphy Rd
Stafford, TX 77477
HIGHLIGHTS
- High Performing Intersection with Excellent Visibility from Murphy Rd and Surrounding Businesses.
- Fort Bend County is one of the fastest growing counties in Texas & Dense Residential Neighborhood.
- Absolute NNN lease with 3-5 years remaining and 10% - 15% annual rent escalations, meaning no landlord responsibility and increasing returns.
- One of the strongest and most desirable retail trade areas within Stafford.
- Stabilized, fully leased retail center with long term tenant leases in variety of retail industries.
- Completely renovated Roof and AC system in 2023, the center has benefited from improvements in excess of $100,000+
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Baxi Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
10000
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
7240-02-000-0010-907
