10501 Pearland Pkwy
Pearland, TX
Price:
$3,052,000
Cap Rate:
6.25%
NOI:
$190,769
Building Size:
Approx. 5,843 Sq. Ft.
Lot Size:
Approx. 0.65 Acres
Type:
Multi-Tenant / Retail
Sub Category:
Cell Store
Year Built:
2013
Investment Overview
- 2013 Construction. 5,843+/- SF Building on .65+/- Acre Site
- 100% Leased | Starbucks Anchored Retail Center w/ Drive-Thru
- Long Term Net Leases w/Scheduled Rent Bumps in Primary & Options
- Strategically along Sam Houston Pkwy (30K VPD) and Pearland Pkwy
- Signalized Hwy Intersection | Near HEB, Spec’s, Target, Pizza Hut, CVS
- Pearland is a suburb of Houston and second-fastest growing city in Texas
- Strong Income Demos w/ $85,534 within a 3-Mile Radius of subject property
- Greater Houston (MSA) | 5TH Largest MSA in the U.S. | Population: 7M+