5422 Highway 6 - Freestanding FOR SALE


Missouri City, TX 77459
$3,000,000 USD
281-236-3032
5422 Highway 6, Missouri City, TX for Sale
$3,000,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

5422 Highway 6
Missouri City, TX 77459


HIGHLIGHTS

  • Strong Market Rents | Riverstone District
  • Shadow Anchored By LA Fitness
  • 44,712 Vehicles Per Day | New Construction
  • Three Mile Radius: $137,941 AHHI | 145,061 Population

OVERVIEW

The offering consists of a 9,730 SF vacant building in Missouri City, TX. The asset is situated on 1 acres off prosperous Highway 6 in the Riverstone District. The end cap has a drive-thru available. The asset shares the same parking lot as LA Fitness, Wells Fargo, Specs, and other reputable retailers. Rental rates should continue to grow long term due to high tenant demand and limited available space, especially in the Missouri City area. This is a great value add opportunity for investors seeking to lease up a building in a prestigious neighborhood. Missouri City, TX is one of the premier, award winning suburban destinations in the Houston metro area. Residents here boast some of the highest incomes in the Houston metro, becoming wealthier and more diverse. It is continually recognized on a national level for its business climate, great schools, rich amenities, and quality of life. The asset is surrounded by new medical offices, Riverstone Shopping Center, suburban neighborhoods, and various national retailers. Within a one, three, and five mile radius, the population totals over 12,945, 112,045, and 204,919. Average household incomes are $157,018, $146,617, and $141,014 within a one, three, and five mile radius respectively.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$308 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Riverstone Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.59 AC

LAND SF

112,820 SF

ZONING

-

APN/PARCEL ID

0089-00-000-0400-907

ASK ABOUT THIS PROPERTY

Frederick AshCommercial Realty CompanyMore Info
281-236-3032

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Frederick AshCommercial Realty CompanyMore Info
281-236-3032

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