3541 Business Center Dr
Pearland, TX
Price:
$3,595,000
Cap Rate:
6.75%
NOI:
$242,649
Building Size:
Approx. 6,884 Sq. Ft.
Lot Size:
Approx. 1.41 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2017
Investment Overview
- 2017 Construction. 6,884+/- SF Building on 1.41+/- Acre Site
- 40-Year Absolute NNN Ground Lease, Plus (2), 10-Year Options to Renew & 10% Rental Increases Every 5 Years
- Strategically Positioned Near SH 288 with High Visibility and Excellent Traffic Counts (89,000+ VPD)
- Surrounded by Major Anchors such as Costco, Target, H-E-B, Kroger, Floor & Decor, Cinemark Theater, and Bass Pro Shops
- Less than 1 Mile from Pearland Town Center – 1.1M SF, 90+ Stores, Anchored by Dillard’s, Macy’s, & Barnes & Noble
- BreWingz is a Privately Held Houston-Based Sports Bar with 17+ Locations Across Southeast Texas
- Houston, TX | 4th Largest City in the U.S. | MSA Population: 7.7M