Starbucks | Verizon Pearland, TX

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+