713-852-3407
, Pearland, TX for Sale
FOR SALE
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Sunrise Lake at Broadway
Pearland, TX


HIGHLIGHTS

  • Value add opportunity via 13% below market rates and 37% of GLA expiring without options
  • Exceptional visibility and accessibility along Broadway St., Pearland’s major east/west thoroughfare
  • Robust retail fundamentals and demographics in the Pearland submarket ($134,924 average HH income)
  • Exceptional opportunity to acquire a boutique office asset significantly below replacement costs

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer the opportunity to acquire Sunrise Lake Center (the “Property”), a 88% leased, 74,612 square foot retail and office asset located in the Pearland submarket of Houston, Texas. The offering presents an exceptional value-add opportunity via 13% below market rents and tenants expiring without options. The asset includes a favorable opportunity to acquire a Class A, boutique office asset significantly below replacement costs. Located along Pearland’s most trafficked east/west roadway along Broadway Street, the Property is located among robust demographics with an expanding residential base.

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713-852-3407

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713-852-3407

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