11530 Pearland Pkwy
Houston, TX 77075
Price:
$7,160,000
Cap Rate:
4.00%
NOI:
$286,398
Building Size:
Approx. 4,842 Sq. Ft.
Lot Size:
Approx. 1.18 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 4,842+/- SF Building on 1.18+/- Acre Site
- Brand New 15 Yr Absolute NNN Lease w/ 7.5% Rental Increases Every 5 Yrs
- Excellent Location at the SWQ of Beltway 8 (60,000+ VPD) & Pearland Pkwy (27,850 VPD)
- Laredo Taco Located Inside Store w/ 34 Parking Spaces to Accommodate Restaurant
- Anchored by a 2,000,000+ SF Mixed-Use Master Development Project
- Strong Income Demos w/ an est. $109,726 within a 1-Mile Radius
- Houston | 5th Largest MSA in the U.S. | Houston MSA Population: 7.15MM