10237 Bailey Rd - Retail FOR SALE


Manvel, TX 77578
$6,850,000 USD
832-476-3440
10237 Bailey Rd, Manvel, TX for Sale
$6,850,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

10237 Bailey Rd
Manvel, TX 77578


HIGHLIGHTS

  • 100% Leased, New Construction Class “A” Retail Center
  • Over 6 Years Of Weighted Average Lease Term Remaining With All Leases Not Expiring Until 2029 Or Later
  • Five Tenants With NNN Leases = Ease Of Management
  • Strong Rental Increases in the Primary Term
  • Excellent Visibility Located Just Off The South Freeway
  • Over 5.1 Million Sf Of Retail Nearby With Vacancy Less Than 3%

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the Sedona Lakes Plaza located at 10237 Bailey Road, Manvel, TX 77578 (the “Property”). Sedona Lakes Plaza is a 100% leased retail center with a diverse mix of tenants that serve the affluent surrounding community. The Property is easily managed with just 5 tenants. Each of the leases has increases and all are NNN with terms of 5 to 10 years. View full OM for details.

FOR SALE DETAILS

PRICE

$6,850,000 USD

PRICE/SF

$463 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sedona Lakes Plaza

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

7966-0001-001

ASK ABOUT THIS PROPERTY

Riley SharmanNorthmarqMore Info
832-476-3440

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Riley SharmanNorthmarqMore Info
832-476-3440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.