1530 Kenforest Dr - Convenience Store FOR SALE


Missouri City, TX 77489
$2,880,000 USD
832-356-8746
1530 Kenforest Dr, Missouri City, TX for Sale
$2,880,000 USD
Convenience Store - FOR SALE
1/11
null | 6.04% Cap Rate

1530 Kenforest Dr
Missouri City, TX 77489


HIGHLIGHTS

  • Seller Financing at 30% down, low rate
  • High Visibility from Texas Pkwy, Pylon signage available
  • High occupancy rate, stable, long term tenants
  • Many new constructions around : HCC campus, Discount Tire, residential neighborhoods
  • Close to Sugar Land, Pearland

OVERVIEW

DON’T MISS — SELLER-FINANCING AVAILABLE!!! Premier Strip Center in Missouri City - $2.88M Unlock a remarkable investment opportunity with this premier strip center, a rare find in the bustling Missouri City area. Priced at $2.88M with attractive seller financing options available, including a low interest rate and 30%+ down payment, this property is positioned for solid returns and growth. Property Features: - Generous Space: Spanning 14,720 sq ft, this well-maintained building, constructed in 1980, offers ample room and flexibility for a range of businesses. - High Occupancy: Featuring 10 units, 90% occupied, this center boasts a stable tenant base, with many long-term tenants who have been established for years. - Prime Location: Ideally situated with visibility from Texas Pkwy, this strip center benefits from its proximity to new developments, including the HCC campus, Discount Tire, and expanding residential neighborhoods. The location also enjoys strong connections to major industrial warehouses. - Strategic Accessibility: Located just 15 minutes from both Sugar Land and Pearland, the property is perfectly positioned to serve a wide customer base and capitalize on regional growth. - Strong Financials: Current NOI $173K, this investment promises robust income potential and a solid return on investment. There is room for increase. Don’t miss out on this exceptional opportunity to acquire a prime strip center in a thriving area. Please contact trinh@trinhbroker.com or call 832-356-TRIN to schedule a tour and explore how this property can enhance your investment portfolio! Please note we do ask buyers to fill out NDA before we can share more information. Copy and paste this link in your browser to sign NDA: https://form.jotform.com/242315489562058

FOR SALE DETAILS

PRICE

$2,880,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

Commercial

APN/PARCEL ID

0264-00-000-0116-907

ASK ABOUT THIS PROPERTY

Thé Trinh NguyenThe Realty TXMore Info
832-356-8746

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Thé Trinh NguyenThe Realty TXMore Info
832-356-8746

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