6720 Hwy 90 Alt - Freestanding FOR SALE


Sugar Land, TX 77478- Telfair
$5,491,000 USD
817-980-0512
6720 Hwy 90 Alt, Sugar Land, TX for Sale
$5,491,000 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

6720 Hwy 90 Alt
Sugar Land, TX 77478
Telfair


HIGHLIGHTS

  • Calloway's Nursery With 14.5+ Years Remaining in Primary Term
  • Absolute NNN Lease With Zero Landlord Responsibilities
  • 5% Rental Increases Every 5 Years Throughout Primary Term and Options
  • Densely Populated 5-Mile Area With 230,000+ Residents and 17.83% Growth Over the Past 10 Years
  • Affluent Community Having an Average Household Income of $151K+ Within 5-Mile Radius
  • Publicly Traded Tenant (OTC: CLWY) with $54M Market Cap, 40 Year Operating History

OVERVIEW

Calloway's Nursery Located in The Crossing at Telfair, a 28-Acre Mixed-Use Master Planned Development — Including H-E-B, Holiday Inn, Whataburger, Chuy's, Mattress Firm, Jersey Mikes, Two Retail Centers and Telfair Office Park (70 Office Condos).

FOR SALE DETAILS

PRICE

$5,491,000 USD

PRICE/SF

$1,373 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Calloway's Nursery

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Garden Center, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.12 AC

LAND SF

92,347 SF

ZONING

F1

APN/PARCEL ID

0032-00-000-0354-907

ASK ABOUT THIS PROPERTY

Brad MotleyTrinity Real Estate Investment Services, LLCMore Info
817-980-0512

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Brad MotleyTrinity Real Estate Investment Services, LLCMore Info
817-980-0512

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