1619 Texas Pky - Retail FOR SALE


Missouri City, TX 77489
$1,350,000 USD
832-356-8746
1619 Texas Pky, Missouri City, TX for Sale
$1,350,000 USD
Retail - FOR SALE
1/15
null | 5.53% Cap Rate

1619 Texas Pky
Missouri City, TX 77489


HIGHLIGHTS

  • 100% Occupied, stable tenants
  • Adjacent to new Discount tire and a bank
  • High Visibility from Texas Pkwy street with heavy traffic

OVERVIEW

SELLER FINANCING available at more than 50% down payment, low interest rate! -Property Type: 4-unit Retail Strip Center -Area: 4,500sqft building on 0.58 acre lot -Location: Missouri City, TX -Construction Year: Built in 1997, offering newer construction compared to neighboring properties -Occupancy: Fully leased by reliable tenants, including one with a long-term lease of 10 years -Rental Potential: Currently charging below-market rents, with potential for future increases. -Visibility: Located on the busy Texas Pkwy street, ensuring high visibility and significant foot traffic -Nearby Facilities: Adjacent to a newly-built Discount Tire; directly across from the HCC Missouri City campus -Area Development: Situated in a rapidly growing area with expanding industrial warehouses, office spaces, and numerous newly-developed residential neighborhoods -Market Opportunity: Unique investment opportunity with no comparable properties available within a 10-mile radius -Proximity to Major Areas: Conveniently close to Sugar Land and Pearland, enhancing its appeal and accessibility We do require interested buyers to fill out an NDA and provide Proof of Fund before we can share more financial information. Please copy and paste the link below in your browser to access the NDA: https://form.jotform.com/242105680506046 If you have any question, please contact info@therealtytexas.com or call 844-THE-8880

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

5.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

X

APN/PARCEL ID

0264-00-000-0124-907

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.